What Is the Best Way to Use the Equity from My House to Pay for My Care? My estate consists of a single-family home that is totally paid off, with a current value of $1 million. My adult children have no need for, nor do they want, an inheritance. I would like to get the […]
Reverse Mortgage Use
The HECM Reverse Mortgage has many ways people use it today. Consumer Eliminate current mortgage and payment. Eliminate HELOC that is due and payable in 10 years Use for medical expenses or in-home care Update or make repairs on your home Bankers I can help when a retiree comes in with a HELOC that needs […]
