Housing Tip of the Week - 9.2.2024 Avoiding Reverse Mortgage

Today we are once again reminding residents to avoid reverse Mortgages as a way to gain funding while aging in place. We have two families that we’re working with to save their homes from foreclosure because of the reverse mortgages, and these families are in their 80s! It’s very stressful. Here is more information on reverse mortgages and how you can avoid them.