
How seniors can be use a reverse mortgage loan to buy a new home
Many seniors in America start feeling trapped as the age. They love their existing home but it is either no longer suitable for them for mobility reasons, or they feel increasingly isolated from friends and family. The good news, however, is that with a reverse mortgage loan, seniors over the age of 62 can relatively easily secure financing on a new property, even if they do not want to sell their existing home.