Press Releases from KIIC Publishing (1 total)
Reverse Mortgages Explained
Can't remember how many times I've been asked "What is a reverse mortgage"? Reverse mortgages are a great way to get a loan using your primary asset. As in all cases of financial lending, the flexibility comes at a price. A reverse mortgage is a loan using your house and is referred to as a "rising debt, falling equity" kind of deal.
To compare reverse mortgage to a more traditional…