Forbes: Benefits of Using Reverse Mortgages for Home Purchases
Wade D. Pfau
Reverse mortgages have many different uses that can accommodate a variety of personal needs, but one particular usage is often overlooked by the general public, and that is using a reverse mortgage to purchase a new home.
In a recent Forbes article, Wade Pfau, professor of retirement income at The American College and frequent reverse mortgage commentator, discusses the practical use of a Home Equity Conversion Mortgage for Purchase and its implications for retirement planning.
Oliva, Jason, "Forbes: Benefits of Using Reverse Mortgages for Home Purchases" (2016). In the News. 1156.