What is a Reverse Mortgage and are they good loans?

July 27, 2010, 12:29 pm
Question
My neighbor told me about these reverse mortgage loans and I wanted to ask here if this a safe way to get some cash out of my home.
Answer
A reverse mortgage is a really great thing if you have lots of equity in your home, and you don't have very much liquidated cash to enjoy your retirement. Anyways, you can find info and resources about reverse mortgages here: http://reversemortgageresource.blogspot.com ________________





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