Can Children Inherit a Home on a Reverse Mortgage?

Seniors significantly benefit from a helpful financial tool known as a reverse mortgage. However, many families wonder what happens to the home when a borrower passes away. Can children inherit a house on a reverse mortgage? The simple answer is yes. A few essential conditions must be considered when inheriting a reverse mortgage home. What...

What to Expect from Reverse Mortgage Counseling

Want to turn a portion of your home equity into income in retirement without selling your house or paying back your debt? A reverse mortgage is the ideal financial tool to generate extra money in your sunset years. To ensure informed decision-making, you must receive reverse mortgage counseling. Understanding Reverse Mortgage Counseling Reverse mortgage counseling...