Reverse Mortgage Proceeds – Six Flexible Options As a homeowner aged 55+ in California, with substantial equity in your primary residence, the Home Equity Conversion Mortgage (HECM) offers you several ways to receive your loan proceeds. The U.S. Department of
Why Should Seniors Consider a Reverse Mortgage?
Why Should Seniors Consider a Reverse Mortgage? Here’s why it might be right for you: Unlock Your Home’s Value: Your home is likely a big part of your wealth, tied up as your equity. With a reverse mortgage, you can
Reverse Mortgage – Fact vs Fiction
Reverse Mortgage – Fact vs Fiction – There are a lot of misconceptions out there. Fact or Fiction – With a Reverse Mortgage, you are selling your house to the bank. Fiction: The misconception that a reverse mortgage involves selling