The Reverse Mortgage is ONLY a "Loan of Last Resort."
- Karen Keyser
- 4 days ago
- 1 min read
FACT: This couldn’t be further from the truth!
Yes, a Reverse Mortgage does assist financially challenged older adults in living healthier, happier, and more financially secure lives. However, the BIGGEST myth is that it is only for that purpose.
This loan is truly a “retirement strategy” that serves the “Mass Affluent” client on many financial fronts. It is more beneficial to put a Reverse Mortgage in place earlier rather than later.
As a retiree or future retiree, you can think of the Reverse Mortgage loan as an “umbrella of financial possibilities.”
Disclaimer: The information provided is based upon education, solid knowledge, experience, and research; however, it should not be considered professional legal advice. Consult a legal professional with regard to your specific situation.
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