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Both can help alleviate financial stress. Here's how to determine which makes sense for you, according to experts.
Reverse mortgages allow homeowners to tap into the equity they’ve built up in their homes without having to make monthly ...
Retirees have options, but which income tool should you choose? Here's what to know before locking in a strategy.
Platinum Preserve is a fixed-rate reverse mortgage that gives borrowers the option to choose the amount of loan proceeds they can access, as opposed to accessing the full amount of proceeds.
A reverse mortgage isn't available for every homeowner. Typically, you'll need to be age 62 or older to qualify, leaving this option available mostly for senior homeowners. But if you meet the age ...
”We’re excited to introduce our latest updates: the new Platinum 5.0 A with a reduced rate of 8.49% and the Platinum 5.0 Max with a reduced rate of 8.99%,” Prieto said.
Platinum reverse mortgage borrowers must continue to pay property taxes, insurance and maintain the home. Platinum offers two options to meet a range of financial goals: a single-draw, fixed-rate ...