BBB says look ahead before leaping into a reverse mortgage

June 22, 2013 at 6:17 am in Alexandria Echo Press

With the cost of living on the rise, some senior citizens are finding themselves on shaky financial ground. This trend has led to companies offering reverse mortgages where lenders loan people money based on the equity built up in their homes as a way for seniors to “cash in” on their homes to pay other bills. Continue Reading