reverse mortgages

Taking out a reverse mortgage – also known as a Home Equity Conversion Mortgage or HECM – can be a great low-risk way for seniors age 62 and over to access valuable equity in their homes without a threat of foreclosure. Debt.com helps seniors who need an extra source of income to understand how reverse mortgages work and how you can use them effectively.

Articles tagged with reverse mortgages:

Are 30-year mortgage rates better?

Before You Get a Reverse Mortgage, Check Out These 15 Alternatives

September 27, 2016 | Money Talks News

A reverse mortgage may be tempting. But consider these cheaper, safer options first.

pay off my mortgage with my 401k?

Get Out Of Debt Guy: Should We Take Money Out of Retirement to Pay Off Mortgage?

June 18, 2015 | Steve Rhode

A reader wants to know which option is the best — or least bad.