reverse mortgages
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A reverse mortgage is a loan on your house that lets you tap your home equity. Like a cash advance, a bank fronts you the money and you have to repay it, with accrued interest, at the end of the loan period. If you’re considering a reverse mortgage, there’s a lot you need to know before signing on the dotted line. There are costs associated with a reverse mortgage, interest and fees, that accumulate during the term. Start with our guide to everything you should know about reverse mortgages, then work your way through our other features, guides and news stories.
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How to Add Home Equity to Your Retirement Income Planning
Home equity is sometimes overlooked as a viable resource in retirement. You don’t have to sell your home to find income and liquidity.
By Jerry Golden, Investment Adviser Representative Published
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Is Your Retirement Solution Hiding in Plain Sight?
Here’s how to use your home equity in combination with an annuity contract to produce late-in-life income.
By Jerry Golden, Investment Adviser Representative Published
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How Your Home Can Fill Gaps in Your Retirement Plan
If you have gaps in your plan for retirement income, you might consider adding the value of your home to your planning.
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Should I Get a Reverse Mortgage? Six Questions to Ask First
The secret to your retirement income could live in your home’s equity.
By Kiplinger Advisor Collective Published
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Reverse Mortgages: 10 Things You Must Know
Mortgages Reverse mortgages can be complicated so it’s imperative that you understand how the loan is repaid, the monthly costs and potential scams to look out for.
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Reverse Mortgages That Work
reverse mortgages A path to provide retirees with financial flexibility and security.
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Reverse Mortgage Borrowers Face New Financial Test
Making Your Money Last For the first time, borrowers will have to prove they can handle the ongoing property costs to qualify for a reverse mortgage.
By Rachel L. Sheedy Published
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Reverse Mortgages: Risky for Boomers?
reverse mortgages Baby boomers have more choices in today's reverse mortgage market, but younger borrowers need to carefully do their homework before taking a loan.
By Rachel L. Sheedy Published
reverse mortgages