What You Need to Know if You’re Considering a Reverse Mortgage
Regan Hagestad
August 24, 2020
In case you’re not familiar with a reverse mortgage, it’s a type of loan that allows homeowners ages 62 and older to leverage the equity in their house. If a homeowner owns their property outright—or has considerable equity to draw from—they can withdraw a portion of the equity as tax-free income without having to repay it until they leave the
