Can You Walk Away From a Reverse Mortgage?

Can You Walk Away From a Reverse Mortgage?

Though many believe it’s impossible to walk away from a reverse mortgage, the opposite is true. The terms of a reverse mortgage do not prevent borrowers from paying off the mortgage early or selling the home. Here are three common ways that borrowers exit reverse...
Busting the Myths About Reverse Mortgages

Busting the Myths About Reverse Mortgages

MYTH: Everyone says this is a “loan of last resort”FACT:  While a reverse mortgage can be a key resource during emergencies and times of need, borrowers are increasingly using their home equity as a means to unlock more possibilities in their later years,...