What is a Reverse Mortgage?

Reverse Mortgage Wise What is a reverse mortgage? A Home Equity Conversion Mortgage (HECM), the most common type of reverse mortgage, is a special type of home loan only for homeowners who are 62 and older. A reverse mortgage loan, like a traditional mortgage, allows...

Take out a Home Loan or Reverse Mortgage

Decision Tree Answer   If you live in a single family residence and are having difficulty affording the property consider getting a home loan or a reverse mortgage if you qualify. No matter what your age Colorado highly recommends that you seek out a housing...