Tag: Reverse Mortgage

Posted on 03/22/2021
Reverse Mortgages - Do I Need One?
Photo by 3D Animation Production Company via PixabayIf you’re retired, own your own home and have trouble making ends meet, a reverse mortgage may seem like the answer to prayers. You get to stay in your house and you’ll have some extra cash to see you through. Before you run to the nearest lender, however, consider the downside...
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Posted on 01/18/2021
Considering a Reverse Mortgage? Read This Before You Apply
Photo by Alexander Mils from Pexels If your wealth is tied up in your home, how can you free up some cash? A reverse mortgage is available to homeowners with mostly or fully paid-off mortgages. The monthly payments, which come from the lender to you, are not counted as taxable income. But there are mortgage taxes, and interest...
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