Resources
· AARP - has an excellent section dedicated to reverse mortgages, including a reverse mortgage calculator then can give you an idea before you apply of how much money you might be able to take out of your home.
http://www.aarp.org/money/credit-loans-debt/reverse_mortgages/
· The National Center for Home Equity Conversions - has greater detail, and many supplemental materials.
· The names of FHA insured lenders can be requested from the Federal National Mortgage Associations (800) 7-FANNIE (Fannie Mae)
· The attorneys at Cohen and Oalican would be pleased to assist you in evaluating all of your financial options, including Reverse Mortgages.
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