An article from the Wall Street Journal has some great info on Reverse Mortgages.
“A decade ago, most financial advisers would roll their eyes at the mention of reverse mortgages, loans that give homeowners an advance on their home equity and allow them to delay repayment until the home is sold.”
http://www.wsj.com/articles/new-math-on-reverse-mortgages-1458525888
Check out that article for information on how and why a reverse mortgage may be the financial vehicle that is right for you.
When you’re done, take a look at our Reverse Mortgage Center and see how we can help you reach your goals.