The Truth About Reverse Mortgage Cons

By Aaron Almus If you think there are too many reverse mortgage cons and have ruled out the thought of ever getting a reverse mortgage, then you will want to read this article. There are reverse mortgage cons and there are also reverse mortgage pros. As with any loan you have both. You need to [...]

Posted Under: Disadvantages
This post was written by John Andrew on February 2, 2009 Comments (0)

It’s Called a Reverse Mortgage Because it Gets Larger, Not Smaller, Over Time

By R W Taylor When senior citizens consider borrowing on home equity as part of their retirement financial planning they have options. In addition to more typical home equity loans or home equity credit lines, reverse mortgages are available as loans for seniors. But, the difference is, the typical mortgages are paid down monthly so [...]

Posted Under: Definitions
This post was written by John Andrew on February 1, 2009 Comments (1)
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