New Rules for Reverse Mortgages

Financial planners have long regarded reverse mortgages as an option of last resort for cash strapped homeowners in retirement. Reverse mortgages had a reputation as costly, complex products that could put your family at risk of losing your home.

Much of that stigma has changed thanks in part to new rules and regulations to these government-backed loans.

To see what factors affect your reverse mortgage and if it could be the right option for you read more from Money Online HERE

Leave a Reply