The Mortgage Blog Spot

Reverse Mortgages are primarily used by individuals over the age of 62 that own their home.  With the increase of retirees and rising costs of expenses some people will find the Reverse Mortgage is ideal for their needs.  The reverse mortgage will allow the person to receive payments that will help pay for living expenses. A reverse mortgage is different than the traditional mortgage.  

I've included these links so you may become more educated about the Reverse Mortgage. Use Your Home to Stay At Home is a free handbook by the National Council on Aging explores the various reason for choosing a Reverse Mortgage.  This handbook answers many of the questions you may have.  In addition, the government has posted the Top Ten Things to Know if You're Interested in a Reverse Mortgage. Please let me know if you have questions or if I may assist you with a mortgage.