Can I Get A Reverse Mortgage If I Already Have A Mortgage?

Can I Get A Reverse Mortgage If I Already Have A Mortgage?

Looking for a way to unsaddle yourself from mortgage payments? If you are a homeowner 62-years of age or older, you may be able to qualify for a reverse mortgage, even if you have an existing mortgage on your home. Reverse mortgage loans, formally called home equity conversion mortgages, are based on the equity that is … [Read more...]