Why more retirement age Americans keep working I have wondering for years how are fixed income seniors making it. From my 18 years in the Reverse Mortgage business before Covid; I kknow how much of all monthly income. I know many have went back to work to survive. In recent years, a growing number of Americans […]
HELOC or Reverse Mortgage
As homeowners seek to leverage their property’s equity, understanding the distinctions between Home Equity Lines of Credit HELOC and reverse mortgage becomes crucial. Both financial tools offer unique benefits and cater to different needs. Here’s an analysis to help determine which option might be more advantageous in 2025. Home Equity Line of Credit HELOC A […]
Is a reverse mortgage or HELOC better for seniors
Is a reverse mortgage or HELOC better for seniors? Experts weigh in The choice between a reverse mortgage or HELOC can be a tough one for seniors.Though easing inflation and the Federal Reserve’s recent rate cut should help to ease the pressure on many Americans, some are still struggling financially. That might mean turning to credit cards to make ends meet or, […]
