0 likes | 12 Views
Reverse Mortgage Basics allow homeowners aged 62 and older to access the equity in their homes while still residing there.Unlike traditional mortgages, they don't require monthly payments. <br>For more information, visit here: <br>https://worthingtonmortgage.com/mortgage-basics/
E N D
REVERSE MORTGAGE BASICS Reverse Mortgage Basics allow homeowners aged 62 and older to access the equity in their homes while still residing there. Unlike traditional mortgages, they don't require monthly payments. Instead, the loan is repaid when the homeowner sells the property, moves out, or passes away. Eligibility is determined by factors such as age, home equity, and property type. It's crucial to understand the associated fees, interest rates, and potential impact on inheritance when considering a reverse mortgage.
800-288-5851 https://worthingtonmortgage.com/mortgage-basics/
thank you