When Is The Best Time To Get A Reverse Mortgage?

reverse mortgage paper message on assorted cash

Home Equity

Just saw an article by NewRetirement.com that gave their answer to this question. It happens to be an answer with which I agree. However, my answer would be that if your situation would be improved with an RM go NOW. They say when:

  • You Need the Money
  • Housing Prices Are High
  • Interest Rates Are Low
  • You Are Older
  • You Want to Stay in Your Home for the Rest of Your Life
  • You Want the Loan to Improve Your Quality of Life
  • You Are Getting the Loan as a Backup Plan
  • You Own Your Home Free and Clear

Convinced? If you would like to talk to a real professional who specializes in this field, call me. I can help.

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