no regrets - word abstract in vintage letterpress printing block
106 – Don’t Should on Yourself
January 16, 2019
Text Sign Showing Reverse Mortgage. Conceptual Photo Loan For Se
108 – Reverse Mortgages – Walking Away From a Home – What Does It Mean and When Does It Happen?
January 21, 2019

107 – Reverse Mortgages – Using Home Equity to Pay for Home Care Needs

Home Reverse Mortgage money concept as gold house symbol

Home Reverse Mortgage money concept as gold house symbol

Home care is expensive.  Depending on how much help you need and the amount of time you are receiving care you may end up spending all of your liquid assets on care.  At some point you may need to consider a reverse mortgage if you want to remain in your home.  This episode will discuss some basic information about reverse mortgages and how – if they are the right tool in your situation – they can help you accomplish the goal of staying home as long as possible.

Don’t be afraid of what you don’t know – especially when it comes to a reverse mortgage in the situation described above.

All the best.

Casey

2 Comments

  1. Cheryl Kredo says:

    Can you do a reverse loan if your spouse is already in the nursing home?

    • Casey Price says:

      The spouse in the community should be able to take a reverse mortgage if the other spouse is in the nursing home. Talk to the mortgage broker about this.

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