by MortgageWizard | Reverse Mortgage
In Texas, about 100 homeowners use reverse mortgages to improve their retirement. This is out of 500,000 nationwide1. Seniors make up 14% of Texas’s population, with an average income of $32,000. Over 60% rely on Social Security for half their income. Reverse...
by MortgageWizard | Reverse Mortgage
Did you know over 1.21 million homeowners in the U.S. have used reverse mortgages as of 20211? If you’re 62 or older in Arizona, a reverse mortgage could help you use your home’s equity. You won’t have to sell your home or take on new payments2. But,...
by MortgageWizard | Reverse Mortgage
In California, 100 homeowners are using reverse mortgages to improve their retirement. Nationwide, 500,000 homeowners are doing the same1. If you’re 62 or older in California, or 55 in some cases, a reverse mortgage could help. It lets you get tax-free income...
by MortgageWizard | Reverse Mortgage
Did you know over 1.21 million homeowners have taken out a reverse mortgage in the U.S. as of 20191? If you’re a senior homeowner in Washington thinking about a reverse mortgage, it’s key to know the good and bad sides before deciding.Reverse mortgages let...
by MortgageWizard | Reverse Mortgage
Did you know over 95% of reverse mortgages in the U.S. are Home Equity Conversion Mortgages (HECMs)1? If you’re 62 or older in Oregon, you might think about a reverse mortgage. It lets you use your home’s equity to help with retirement costs12. But,...
