A reverse mortgage enables you to withdraw a portion of your homes equity. This amount varies depending on:
- age of youngest borrower or eligible non-borrowing spouse
- Current interest rate
- lesser of appraised value or sale price or mortgage limit
8 tips to avoid costly mistakes in your senior living search
While undertaking a search for senior living is daunting, there are a number of lessons that others have learnt when undertaking the same task. We present here, 8 tips that will help ensure you don't make any costly mistakes during this search! Use ...