If you don't have much income, a reverse mortgage might not be the best option
for ... makes more sense if you plan to live in your current home for a long time.
Dec 11, 2012 ... It's a nice thought, but the truth about reverse mortgages is far from ideal. ... you
have to be living most of the time in your primary residence.
Jan 22, 2015 ... Well, here are the five best reasons to get a reverse mortgage right now. ... and
opt to wait and take their Social Security benefits and let them grow. .... It's a line
of credit that grows over time and is always available to you when ...
The other unique features of a reverse mortgage are best explained by a
comparison ... The loan balance grows over time as the borrower receives
payments and .... paid to individual third parties, but we've lumped them together
Dec 3, 2014 ... We're thinking of taking a reverse mortgage at retirement. How does this work,
how much could we get, and is it even a good idea? —Larry ...
Apr 2, 2015 ... "Between the expenses and the limitations on them, we don't feel they solve the
... "Now is a particularly good time for [reverse mortgages], with ...
Dec 21, 2015 ... A reverse mortgage can give you some much-needed cash, but make sure you ...
it won't prevent them from getting a reverse mortgage, but a portion of the ... It can
be a good way to get some extra money to cover expenses, ...
Where can I get objective advice about reverse mortgages? ... So while a reverse
mortgage can generate cash, it's not necessarily the best or ... All times are ET.
Reverse mortgages can be a useful financial tool for older homeowners to tap
their ... It's never a good idea to make a financial decision under stress. ... to note
that borrowers deplete their home equity as their loan balance grows over time.
But take your time: a reverse mortgage can be complicated and might not be right
for you. ... qualifying for a reverse mortgage, getting the best deal for you, and
how to ... are private loans that are backed by the companies that develop them.