California Reverse Mortgage News

Baby Boomers And Their Retirement Mortgage Payment Woes, Can Reverse Mortgages Help Them?

September 10th, 2015 2:24 PM by Kevin Walton

An recently written article stated Baby Boomers are carrying their mortgage payments into their retirement years more than any other generation.
If their retirement portfolios take a hit, that can have a negative effect on the ability to make monthly mortgage payments.
If the senior citizen borrower is of a certain age and has ample equity in the property, a HECM Reverse Mortgage can eliminate the existing monthly payment altogether.
To read more on this article, please click here.
To visit my Reverse Mortgage website and watch free videos that highlight reverse mortgage uses as well as the 20 most frequently asked questions on reverse mortgages, click here.
Kevin Walton
Certified Mortgage Advisor
Cell: 800-506-0632 ext. 0
Posted by Kevin Walton on September 10th, 2015 2:24 PM