[Seniorresources] SENIORNAVIGATOR E-QUICKTIP: Reverse Mortgages

Kim Tarantino kim at seniornavigator.org
Mon Aug 20 08:20:42 EDT 2007


SENIORNAVIGATOR E-QUICKTIP: August 20, 2007
Reverse Mortgages

Homeowners can tap into the equity of their home using a reverse mortgage.  Many seniors use the borrowed payments or line of credit to fund their long-term care needs as they age.  Visit the following link to learn more about what you need to know if you are considering a reverse mortgage.  

www.seniornavigator.org/vaprovider/consumer/snArticle.do?contentId=440 


If you have questions about a reverse mortgage, contact your local Area Agency on Aging (AAA).  Reverse mortgages are complicated, but most AAAs provide counseling on the subject.  To locate the AAA nearest you, click on the link below and type in the topic Area Agency on Aging and your ZIP Code.  

www.seniornavigator.org 

 
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