What Is A Reverse Mortgage?

By : Home Loans For All

apply for a reverse mortgageA reverse mortgage is a loan product offered to homeowners 62 years of age and older. The program essentially allows to to take some of the equity out of the home as cash. Homeowners can take it as a lump sum, monthly payments or a combination of both. For more information please refer to our Blog article on Reverse Mortgages.