I used the reverse mortgage in order to free up the equity in my home and this has been one of the best decisions I have made (financially). At first I was skeptical as some said the bank would own my home, but all of those negatives things we hear are myths. The program is a government insured one it has allowed me to take out a credit line which now I can borrow against as needed - the best part is I only pay interest on the amount that I actually borrow. I have other savings and investments but you cannot go wrong borrowing at today's low rates and having a way to get cash as needed (no point of liquidatig my other assets). Anyways I usually dont leave comments but I thought I would let everyone know this program really works and it is recommened that you look into it. I used this company here since they compare lenders for me ( 877 700 0534 - reverse mortgage lenders direct )
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benjohnson829 of NY 12:09PM June 10, 2012