Is a Reverse Mortgage Right for Me?
For many seniors whose home is their largest asset, the benefit of taking out a reverse mortgage, could provide homeowners with a sort of cash advance payment on the equity in their home. There are many households entering retirement that may not have sufficient resources to maintain a standard of living and pay unexpected costs, but before you rush to take out a reverse mortgage, it’s important to understand the potential upsides and downsides of the program.
Advantages of using a reverse mortgage
Disadvantages of using a reverse mortgage
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23670 Hawthorne Boulevard Suite 210
Torrance, California 90505
Phone: (310) 214-9299
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