Site Title

Sub-heading text.

A reverse mortgage is often used by people to generate income in retirement. It's a type of loan that allows you to borrow money from your home equity and use it for any purpose, such as purchasing an annuity. But if you're thinking about taking out a reverse mortgage for this purpose, be aware of the potential pitfalls, things like high interest rates and penalties for early withdrawals.

Copyright 2021 Finance Informar - All Rights Reserved. Privacy Policy