Apple Pie and Equity

I was discussing with a very knowledgeable friend about what he would do if he had a kazillion dollars.  He listed off the trips, the cars, the houses.  “I wouldn’t need a reverse mortgage then!” he exclaimed. Really?  I actually think you might still...

What is a Reverse Mortgage?

In the past decade, reverse mortgages have gained a lot of traction as a retirement tool. And yet, many people still do not understand reverse mortgages or their purpose. If you are one of those people, here’s what you need to know: What Is It? A reverse mortgage is a...