more than 1 month ago
Fairway Independent Mortgage Corporation
4750 S. Biltmore Lane, Madison, WI
State > County:
Wisconsin > Other areas
866 912 4800 Please quote Maria's Adpost when calling
Reverse home mortgages are not without their drawbacks. The fees associated with these loans can be high, and they can eat into the equity in your home. Additionally, if you take out a reverse mortgage, you will not be able to leave your home to your heirs. If you want to leave your home to your children or grandchildren, you should consider a different type of loan. A reverse home mortgage can be a good option for seniors who need extra cash. However, it is important to understand the drawbacks of these loans before you decide to take one out.