by Steve G | Dec 1, 2023 | Finance, Retirement, Reverse Mortgage
A reverse mortgage can be an important part of retirement planning for wealthy retirees that have a substantial amount of home equity. It is a financial product that allows you to access part of the equity in your home while you are still living in it. This is equity... 
by Steve G | Nov 3, 2023 | Finance, Housing, Retirement, Reverse Mortgage
Undertaking unexpected home maintenance and renovation projects in retirement could negatively impact seniors’ budgets. More homeowners are turning to home equity lending — especially home equity lines of credit (HELOCs) and home equity conversion mortgages (HECMs) —... 
by Steve G | Jun 27, 2023 | Finance, Retirement, Reverse Mortgage
The reverse mortgage products offered today provide multiple ways to access home equity and almost unlimited ways to use the funds. Here are eight of the most popular ways to use funds from a reverse mortgage: Paying off Debt Reverse mortgages can be used to pay off...
