Newsweek turns eye toward reverse mortgage pros and cons The new column examines potential strengths and weaknesses of reverse mortgages, according to a team judged to be financial experts A reverse mortgage has potential utility for a homeowner in the right situation, but loan terms must be observed closely to remain in good standing and […]
Reverse Mortgage $1Million Home
Does it Make Sense to Take a HECM Reverse Mortgage on a Million Dollar Home by Jack Guttentag, Huffington Post Contributor and Professor of Finance Emeritus at the Wharton School of the University of Pennsylvania. The question arises because the maximum amounts that can be drawn on a HECM are based on the lower of […]
