About Reverse Mortgage Pros and Cons | Mister Loans

30/01/2021 2 min

Listen "About Reverse Mortgage Pros and Cons | Mister Loans "

Episode Synopsis

There’s a good chance you’ve heard of a reverse mortgage. The idea behind it is simple—rather than getting a home loan and making payments to the lender, the lender makes payments to you. Even if it sounds like a good deal for you, the reality is that reverse mortgages are controversial. Some hail the reverse mortgage as a sensible solution for retirees who need extra money, allowing them to tap into what is likely their most valuable asset.

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