Provides access to their home equity without the requirement of monthly mortgage payments. (debbielovett.myloanofficer.us)
Many senior homeowners wanted access to their home equity to help fund retirement while remaining in their home — and a reverse mortgage loan could help them do just that. (americanadvisorsgroup.com)
If you get the line of credit now, the amount you can borrow grows as you age, effectively locking in immediate access to home equity when you need it most. (newretirement.com)