FirstBank Reverse Mortgage

Reverse Mortgage 101

For far too many older Americans nearing retirement age, or already in it, the lack of financial security has become a pressing issue, a problem only magnified by millions of aging baby boomers. Increasingly, many older people are turning to reverse mortgages for additional security and income. Reverse mortgages have withstood the test of time and thanks to companies like FirstBank Reverse Mortgage, they’re more popular than ever. Ed O’Connor shares his Reverse Mortgage 101. It’s truly a win-win for the homeowner and their loved ones who no longer need to worry about their parents security and or living standards. Reverse mortgages have become a viable option for cash-strapped, income-strapped Americans who want to enjoy their golden years by using the equity in their homes – safely and securely.

The Balancing Act