Reverse mortgages (HECM Home Equity Conversion Mortgage) provide retired borrowers receiving social security a mortgage option that uses the equity in their home to pay them each month without requiring a mortgage payment. FHA controls and insures this complicated program. FHA guarantees borrowers will...
When Reverse Is the Right DirectionThe leading edge of baby boomers now reaching eligibility for Social security benefits promises exponential growth in the reverse-mortgage niche. But newcomers to this sector asking how to get i...