What are the benefits of a reverse mortgage loan?

November 20, 2014

  • Borrowers won’t owe more than the value of their homes.
  • As long as the borrower complies with the loan terms, he/she doesn’t have to make payments on the loan.
  • With a reverse mortgage loan, the borrower will not lose Social Security or Medicare benefits.
  • Reverse mortgages afford borrowers greater financial freedom and control, providing them the dignity and security they deserve.

Topics in This Article