Consider a reverse mortgage as a tool in your retirement planning, not as a last resort. Consider using a reverse mortgage to eliminate existing mortgage payments and free up cash flow.

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A reverse mortgage could be a tool at the center of a financial strategy that could allow older Americans to build a bridge in their finances between their 60s and age 70, at which point they ...

But if they take out a reverse mortgage line of credit, their lifetime consumption will rise to $45,700 a year in constant purchasing power. That’s a 50.8 percent increase in the money they have ...

ReverseVision has long been on a mission to elevate reverse mortgage technology to encourage more borrowers and traditional loan officers to consider the product.. Now, the three-time HW Tech100 ...

Historically, reverse mortgages have had two major drawbacks. First, they came with relatively expensive closing costs, insurance costs and interest rates. Second, most of the people who took them ...

To be sure, reverse mortgages aren't for everyone. Graves said that of the 16,000 people he's talked to over the past 26 years in the business, only 3,000 reverse mortgages went forward.