Senior Reverse Mortgages – 5 Questions Before You Apply

By Juhani Tontti So the reverse mortgages are always taken against the equity of the homes, i.e. they eat the money, which the home owner has paid during many years from his salary. In a way the money has been in the home value for several years and added value there and now it is [...]

The Tax Free Reverse Mortgage Loan – Or is It?

By Juhani Tontti The reverse mortgage loan has several benefits, of which the feature, that it has no monthly back payments is maybe the most important one. A senior can even pay away the usual mortgage with the reverse mortgage and get even more cash money every month. Some seniors may be interested, whether the [...]