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Reverse Mortgage Explained Reverse Mortgage or HECM loans can eliminate your current mortgage payment and be a powerful tool to fund retirement.

Reverse Mortgage or HECM loans can eliminate your current mortgage payment and be a powerful tool to fund retirement. by Reverse-Mortgage-Explained
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Reverse Mortgage Explained Reverse Mortgage or HECM loans can eliminate your current mortgage payment and be a powerful tool to fund retirement.

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Reverse Mortgage or HECM loans can eliminate your current mortgage payment and be a powerful tool to fund retirement. by Reverse-Mortgage-Explained

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The site had the following in the homepage, "What are the Pros and Cons of a Reverse Mortgage? August 15, 2011 Reverse-Mortgage-Explained." I noticed that the web site stated " Overview of Reverse Mortgage Pros and Cons." They also stated " Monies can be paid to you in the form of a lump sum payment, line of credit, or fixed monthly payment, or a mix. Homeowner stays in property for life. Loan never goes upside down. They are never responsible for more than the loan amount and keep any extra monies after home is sold. Can be lower than many traditional mortgages. Property must stay owner occupied."

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