Reverse Mortgages Can Be a Retiree’s Saving Grace.

As seen on

by Jamie Hopkins, Retirement Income Professor at The American College:

“Reverse Mortgages Can Be A Retiree’s Saving Grace.”

With 30 million+ members of the baby boomer generation moving into retirement….the FHA-insured Home Equity Conversion Mortgage (HECM) — the FHA-insured revamped version of the former reverse mortgage — supports strategies to help retirement-age homeowners ‘age in place’ in a familiar setting where convenience and long-term relationships contribute to a preferable quality of life.

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