Pros and Cons of a Reverse Mortgage (HECM)

Cartoon drawing of a house with a drawer of cash coming out of it

A reverse mortgage or Home Equity Conversion Mortgage (HECM) makes part of your home’s equity available for you to obtain non-taxable cash inflows without paying having mortgage payments every month. Pros of a Reverse Mortgage (HECM) Your name remains on the Home Title Money is accessible on-demand with no monthly loan payments At any point,… [Read More]