|About the Book|
We would hazard a guess that Reverse Mortgages remain a mystery to the vast majority of the population. We are sure that most have heard this term, but very few would know the potential advantages that a Reverse Mortgage may offer to someone in theMoreWe would hazard a guess that Reverse Mortgages remain a mystery to the vast majority of the population. We are sure that most have heard this term, but very few would know the potential advantages that a Reverse Mortgage may offer to someone in the twilight years of their life.Borrowing money can be difficult enough in this day and age, but what about for those of you who are either fast approaching retirement or perhaps are even retired already. Unfortunately, age can be deciding factor when a bank, lender or creditor is reviewing an application for a loan or credit...and this is typically because many retirees may not produce anywhere near the same amount of income as they did during their working life.This simple scenario will often mean that a senior may be viewed as “too high a risk and will therefore find that their loan or credit application is declined. This is the exact reason why we have produced our Guide to Reverse Mortgages. For anyone aged 62 or over this may be the perfect opportunity to borrow money...and better still the potential to never have to pay any money back.Our Guide to Reverse Mortgages will reveal exactly who can borrow from a reverse mortgage, what the potential payments and costs are, the various options available to you and whether or not this is the correct way to borrow money in your current financial circumstances. This fantastic guide is a must read for anyone who has a desperate need for money, but feels as though their age is holding them back from trying traditional methods of borrowing.