Mortgage News: Reverse Mortgage Age Lowers
You may now qualify for a Kapolei reverse mortgage
One of the more popular retirement planning tools is the reverse mortgage. However, in most cases, you must be 62 in order to take advantage of this arrangement, in which the bank makes payments to you, based on your home’s equity.
Now this is changing. Inman News is reporting that at least one company is now offering a reverse mortgage product that requires a lower age: 60. If you didn’t qualify for a Kapolei reverse mortgage before, now may be a good time to check into it.
For more mortgage news, and information on Kapolei real estate, contact John Riggins.
Related Links
Find a Kapolei home
More on the Reverse Mortgage Trend
Learn about reverse mortgages
Kapolei community information
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