Decision-making
You’ve done the research and talked with everyone from your best friend to your financial advisor. But at some point, the decision to get a reverse mortgage loan rests with you. Here are some different considerations to help you as you think through your options.
Borrowers with higher-value homes may find a jumbo reverse mortgage offers them more advantages than a HECM.
Read article from Jumbo reverse mortgages: who are they for?
Though a reverse mortgage is a kind of debt itself, there are some distinct advantages to using one to pay off or down other debts.
Read article from How to take control of debt with a reverse mortgage
Credit ratings are considered in the reverse mortgage financial assessment. Find out what that means for a borrower with a poor credit score.
Read article from Can I get a reverse mortgage if I have bad credit?
In the right situation, a reverse mortgage can be a powerful tool. Find out if one makes sense for you.
Read article from When is a reverse mortgage a good idea?
If you're curious to find out what makes a good reverse mortgage, here are some of the guidelines lenders will consider.
Read article from What makes a good reverse mortgage candidate?
Find out why a reverse mortgage loan isn't just a tool for the rich.
Read article from Why reverse mortgages aren’t just for the rich
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