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Is a Reverse Mortgage Right for You?

Last Updated: October 30, 2007 Related resource areas: Personal Finance

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This publication is a basic introduction into reverse mortgages. It covers how much money can be accessed, qualifications, counseling sessions, providers, costs, advantages, disadvantages, and additional sources of information.

http://www.clemson.edu/psapublishing/Pages/FYD/FL533.pdf

Prepared by Nancy Porter, Ph.D., Clemson Cooperative Extension Service and Marci R. Schneider (retired) Office of Public Affairs, Federal Reserve Board of Governors.


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personal finance, financial security: home ownership

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