Helpful Explainer Videos & Articles
On Stuff That Matters
On Stuff That Matters
Mortgage
Video — Circumstances That Might Affect Your Reverse Mortgage
40.4 seconds
What Circumstance Might Make A Reverse Mortgage Inappropriate? If you intend to leave your home within 2-3 years other options may prove less costly than a reverse mortgage, such as home equity loans or no-interest loans. If necessary home repairs are a consideration, investigate grants from local government or non-profits. If property tax payments are motivating you, check for tax-deferral programs first.