Timing is everything. What you need to know about a Home Equity Conversion Mortgage (HECM) and a Reverse Mortgage (RM).
Small misconceptions can make a huge difference. You've read about HECM loans and watched the TV ads. You've heard the horrible reputation they have from neighbors and friends who tell you ALL THE TERRIBLE THINGS. Come and learn how they really work, as I tackle the 5 Top Myths About HECMs.
For the majority of older Americans, the thought of moving is about as appealing as a root canal. AARP research consistently finds that the vast majority of people age 50 and older want to stay in their homes and communities for as long as possible.