Finding Money in Your Homes

Reverse Mortgage Blog

Senior Homeowners

July 1, 2020

A recent report that was completed by NRMLA and RiskSpam shows how American seniors have enormous amounts of equity in their homes. They could be utilizing it to pay for medical care and unplanned events in lieu of using their investments or savings and possibly running out of money.https://www.reverseloanconsultant.com/

Lorraine Jones

This material is not provided by, nor was it approved by the Department of Housing & Urban Development (HUD) or by the Federal Housing Administration (FHA). It is not intended to be a substitute for legal, tax or financial advice. Consult with a qualified attorney, accountant or financial advisor for additional legal or tax advice.

*There are some circumstances that will cause the loan to mature and the balance to become due and payable. The borrower(s) must continue to pay for property taxes and insurance and maintain the property to meet HUD standards or risk default. Credit is subject to age, minimum income guidelines, credit history, and property qualifications. Program rates, fees, terms and conditions are not available in all states and subject to change.

Lorraine Jones

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