Reverse Mortgages Podcast

<p>What is a reverse mortgage, and how does it actually work? In this first episode, Maya and Ray break down the basics in plain English: how homeowners 62 and older can turn part of their home equity into cash, and the choice of a lump sum, monthly payments, or a line of credit.</p> <p>We cover why you keep the title to your home, why the loan balance grows over time as interest and fees are added, what that can mean for your heirs, and what you are still responsible for: property taxes, homeowners insurance, upkeep, and living in...