Reverse Mortgages are powerful retirement planning tools that can reduce risk for many senior homeowners. Most seniors lack adequate retirement savings to safely see them through retirement. Reverse mortgages can help. They provide access to equity tied up in your home that can be used to attend to quality of life needs as one ages. And unlike conventional mortgages that burden homeowners with monthly payments that are not sustainable, Reverse Mortgages have no obligation to make a monthly payment.
Reverse Mortgages offer other advantages as well. The subject of this section of our website is how Reverse Mortgages can protect you and your family in retirement. It may surprise you that Reverse Mortgages can offer the following protections:
We provide details of how Reverse Mortgages can assist in these ways in the pages that follow. Please feel free to call us at the number above to answer any questions you might have in this regard.