What is a Reverse Mortgage?

A reverse mortgage is a loan available to homeowners, 62 years or older, that allows them to convert part of the equity in their homes into cash. The…

Reverse Mortgages That Work

Kiplinger

By Pat Mertz Esswein For homeowners whose wealth is tied up in their home, one versatile solution is a reverse mortgage, explains Pat Mertz Esswein. It lets you…

Why Reverse Mortgages Are Worth a Look

Kiplinger

By Pete Woodring, Financial Advisor Until recently, the subject of reverse mortgages rarely ever came up in my consultations with clients. I’ve since reconsidered my bias against reverse mortgages…