Can you use the equity in your home to pay off debt?

31/10/2023 12 min
Can you use the equity in your home to pay off debt?

Listen "Can you use the equity in your home to pay off debt? "

Episode Synopsis

Can you use the equity in your home to pay off debt? Yes you can!  If you are 62 years old or older the best option by far is a reverse mortgage. A reverse mortgage is a way to access a portion of the equity in your home without creating a mortgage payment. The qualifications of a reverse mortgage are easy.  All you need is: Be at least 62 or olderLive in your homeHave equity in your home