How Much Equity Do You Need to Qualify for a Reverse Mortgage?
A reverse mortgage is a lending product that allows borrowers aged 62 and older to borrow against the equity in their home without having to make payments until the borrower and any non-borrowing spouse has left the house. It’s a useful tool for homeowners with insufficient retirement savings.
But exactly how much equity do you have to have in your home in order to qualify for a reverse mortgage? How does a reverse mortgage stack up against your other loan options?
若您有更多關於健康保險的相關問題，歡迎諮詢！ If you have more question about health insurance, feel free to contact us!
電話 Phone: 626-912-1988 Email: email@example.com