Reverse Mortgages
Banks are happy to lend
you money against your home, not ask for any payments and collect
only when you die or move form your house. What a deal!
Reverse mortgages can
be a fantastic way for seniors (must be age 62+) with home equity
to use that equity to increase income. The equity in your home
is like a bank account paying you zero interest. Why not use
that asset to live more comfortably?
Get
Your FREE Retiree Financial Guide
Additional information:
From AARP http://www.aarp.org/revmort/
From the Federal Trade Commission http://www.ftc.gov/bcp/edu/pubs/consumer/homes/rea13.shtm
For a lender near you, visit http://www.reversemortgage.org/
Have them give you details and answer your questions
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