What Is A Reverse Mortgage Good For?
A reverse mortgage is a mortgage that you just make the place you don’t have to pay back something for as long as you still possess that property you might have purchased. Reverse mortgages give you money which you can use for other investments. The main factor is that you just don’t have to pay something back till you die, sell your own home, or permanently move. Reverse mortgages usually cater to homeowners who are 62 years or older.