A reverse mortgage as a retirement tool is great because of its flexibility. In addition to paying off the existing mortgage, you can use the funds to cover expenses such as in-home care, and medical bills, and you don’t have to pay the money back until the home sells. It’s an excellent investment strategy for … Read more

A reverse mortgage loan is a long-term loan where the lender pays you monthly payments, and you only pay the interest back. You don’t have to make any monthly payments on the money you borrow. In exchange, you give the lender a lien on your home. When you die, sell, or move away from your … Read more

If you’re thinking about applying for a reverse mortgage, you must be aware of the facts it involves. Many people think of them as loans of last resort, but this isn’t the case. That’s why today, we will show you the main reasons to get a reverse mortgage so you can make the best decision.1. … Read more

After so many years of hard work and sacrifices, it is only fair that you get the chance to rest and enjoy life as best as you can, and that is our main purpose at Reverse Mortgage CA. We want you to make the most out of this new stage of your life by bringing … Read more

When it comes to retirement planning, there are many crucial things to consider, but don’t overlook the most important: your happiness and well-being. That is exactly why we offer you a chance for a better retirement scenario. At Reverse Mortgage CA we work hard every day so you can rest assured that you will have … Read more

A reverse mortgage is a sort of home equity conversion mortgage (HECM) that offers homeowners to receive income without needing to repay the loan or make monthly payments. A reverse mortgage is a sort of loan that permits seniors over the age of 62 to borrow against the equity in their home without selling it. … Read more

Reverse mortgages are an increasing popular tool for people who are aging. As of 2009, it is estimated that one in four homeowners are of retirement age, and this number will only increase as time goes on. Reverse mortgages are a type loan that takes your homes equity and turns it into cash. In a … Read more