Reverse Mortgage Reference Guide

Consumer awareness continues to be a challenge. Many seniors learn of reverse mortgages only after they are faced with foreclosure, medical emergencies, exhaustion of cash assets, or other financial problems.

Many people do not understand what a reverse mortgage is - or more to the point, have only heard "half truths." There are many publications available to educate the consumer. Please use the following links for reference:

AARP's Home Made Easy
www.aarp.org/money/revmort

Fannie Mae's Money From Home - A Consumer's Guide to Reverse Mortgage Options
Money from home

National Reverse Mortgage Lenders Association's (NRMLA) Just the FAQ's:
Answers to Common Questions About Reverse Mortgages
www.nrmla.org

NRMLA's Use Your Home to Stay at Home:
A Planning Guide for Older Consumers
www.nrmla.org

For more information about Reverse Mortgage click on the links below:

What is a Reverse Mortgage?
Jumbo Reverse Mortgage
Reverse Mortgage Reference Guide
Top Eight Reverse Mortgage Misconceptions