Quick Answer
A reverse mortgage allows homeowners to convert part of their home equity to cash to pay for long-term care expenses.
A reverse mortgage allows homeowners to convert part of their home equity to cash to pay for long-term care expenses.
A reverse mortgage is a financial tool designed for elderly homeowners. These elderly individuals can use a reverse mortgage to convert their home equity into cash.
Then, they can use that cash to cover long-term care or other expenses. Individuals must repay the loan after they move out or pass away.
LTC News Trusted & Verified
Work With a Trusted Specialist
Latest
Oldest
Homecare
Health
Government
Care Facilities
Pets
People
Lifestyle
Insurance
Step 1 of 4
Step 1 of 4
LTC News Trusted & Verified
Compare Insurers
+