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reverse mortgages
Make sure you understand the pros and cons of a reverse mortgage.
With a reverse mortgage you can turn the value of your home into cash without having to sell the property, move out of it, or repay a loan every month. Before entering into a reverse mortgage agreement educate yourself, consult with trusted advisors and understand the pros and cons.
in the
spotlight
Reverse Mortgages Are On The Rise
Also on the rise: Seniors havng to pay back their loan or face foreclosure. Read
understanding
the basics
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video
action and
advocacy
Legal Advocacy and Housing
The AARP Foundation is working to protect reverse mortgage borrowers. Following are summaries of two ongoing cases:
reports and
resources
Reverse Mortgage Changes Impact Older Homeowners
Following the housing crisis, reverse mortgages have become more expensive and complex. read
Borrowing Against Your Home
Download this AARP guide to reverse mortgages. (PDF). Read
Reverse Mortgage Counselor Education
Learn about services available to support and train reverse mortgage counselors, now provided by NeighborWorks® and the Department of Housing & Urban Development. Do
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