Overview

Reverse mortgages were created in the 1960’s with the intent of helping older homeowners access all or some of the home’s equity while allowing them to stay in the home. This type of mortgage has been a beneficial option for some seniors, however, there are some pitfalls.

Duration: 5-7 minutes

Learning Objectives

  • Understand how reverse mortgages work and the different types of reverse mortgages.
  • Determine if a reverse mortgage fits your needs.
  • Learn the requirements of a reverse mortgage.
  • Learn the pros and cons of a reverse mortgage.
  • Learn what resources there are for help in determining if a reverse mortgage is the right choice.

Marketing Teaser

If you’re nearing retirement and own your home, are looking for creative ways to supplement your income, a reverse mortgage may be something to consider. Like most financial decisions, it’s important to understand the pros and cons of a reverse mortgage prior to making a decision. Review our short lesson to learn more about:

  • How reverse mortgages work and the different options available
  • Whether a reverse mortgage will meet your financial needs
  • Resources available to help you understand the requirements of a reverse mortgage

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Are you considering a reverse mortgage? Learn about the pros and cons of reverse mortagages and what resources are available to you: [INSERT LINK]


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Are you considering a reverse mortgage? Certain homeowners may be eligible for a reverse mortgage, but should make sure to consider their options carefully. Learn about the pros and cons of reverse mortgages and what resources are available to you: [INSERT LINK]


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