Reverse Home Loan: Things to Consider You tried to keep money throughout your lifetime for your “golden years.” But with college tuition, weddings and the ever increasing property taxes, it had been rare to have much money left over to place into savings. So you are trying to get by on a security check… Read more »
Posts Tagged: Senior Living
Most Common Uses of a Reverse Mortgage
Common Uses of Reverse Home Mortgages Reverse mortgages in Illinois are becoming a very popular option for senior citizens. They’re so common because they provide home owners the freedom to use the savings of the loan for what they choose and the homeowner has control on how best to use the savings of the loan… Read more »
Benefits of Reverse Home Loans
The Benefits of Reverse Home Loans There are numerous myths in the current market fueled by stories regarding reverse mortgages from the past. The most typical misconception is that you will have to transfer ownership of your house to the lender upon loss of life, or that eventually you might be forced to move from the… Read more »
Poverty Among Retirees: Nearly One Third Affected
Poverty Among Retirees is More Common Than You Think A recent study has revealed that fully one third of all soon-to-be-retired American workers will likely live at or below the poverty line. Poverty among retirees is due in no small part to the fact that fewer Americans than ever before have access to… Read more »
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