It might seem strange to bring up reverse mortgages in a space dedicated to the lives of baby boomers.
After all, reverse mortgages have a reputation as being products used primarily by seniors. Jeff Lewis, chairman of Generation Mortgage, a reverse mortgage-only business in Atlanta, says those utilizing the product are on average in their early 70s. (Reverse mortgages can actually be utilized by homeowners starting at the age of 62).Read More
As the country’s home-owning population ages and baby boomers hit their mid 60s, it is time to take another look at the once-popular mortgage product known as the reverse mortgage.Read More