A single-purpose reverse mortgage can offer retirees affordable access to equity, but there are strings attached.
Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...
With a reverse mortgage, the bank gives you a lump sum of money you can use for meeting your needs. The loan is paid back ...
By Laurie E. Ohall, Florida Board-certified Elder Law Attorney For many seniors, a reverse mortgage can provide extra ...