Reverse mortgage complaints were on a steady downward trend from January 2016 (562) through January 2020 (247), before spiking to 425 by January 2022. But they are back on a downward trend.
However, if you plan to retire to the property, you will need to pay attention to the residency rules that govern reverse mortgages. Puerto Rico, the U.S. Virgin Islands, and Guam are all part of ...
In chapter 10 of "Inheriting Your Spouse's IRA," author Bill Harris outlines the strategic uses of a reverse mortgage. Reverse mortgages are a type of home loan available to homeowners age 62 and ...