Did you know there are actually 4 types of reverse mortgages:
1. Single Purpose Reverse Mortgage
2. Proprietary Reverse Mortgage
3. Home Equity Conversion Mortgages (HECM)
4. Home Equity Conversion Mortgage for Purchase
Learn more here --> https://t.co/9xFdUwkab0
Some of the requirements for a Reverse Mortgage include:
- Must be age 62 or older.
- Own your property and have approximately 50% equity in your
home.
- Not be delinquent on any federal debt.
- Live in the home as your principal residence.
https://t.co/DhV2kCtOch.
Jane Bryant Quinn has written a money column in The AARP Monthly Bulletin & AARP .com for years. Check out this interview - she discusses why she's changed her mind about Reverse Mortgages & why she thinks they are a great addition to your retirement plan! https://t.co/SnLgt9ND3i
Are you interested in a reverse mortgage but not quite sure what is involved or simply just need to brush up on your reverse knowledge? Check out this article! --> https://t.co/F0Uny7x1EX
Reverse Mortgages are a powerful investment tool that also allow people to stay in their homes while they age - learn more here! https://t.co/gEIzkE7kaa