Why a reverse mortgage might be a good idea for some older homeowners

Los Angeles Times

Liz Weston, a certified financial planner offers financial advice for homeowners paying off their mortgage in retirement. Westin covers the basic requirements and lifestyle advantages to opening a reverse mortgage line of credit in this real-world Q&A scenario. Reverse mortgages allow borrowers to tap into their home equity to obtain cash, and can improve quality of life and financial flexibility for homeowners over the age 62.

Deciding if a reverse mortgage is right for you?

Access the full article here