According to Morningstar's research, nearly half of American households will run out of money in retirement if they leave the workforce at age 65.
For 73% of retirees, their home is their most valuable asset. Tapping into home equity through a reverse mortgage can help meet financial needs.
A reverse mortgage allows you to receive monthly payments from the bank instead of making mortgage payments, providing cash flow in retirement.
To qualify for a reverse mortgage, you must be 62 or older, have significant home equity, and use the funds to pay off any existing mortgage.
[
Collection
]
[
|
...
]