9 surprising ways to use a reverse mortgage
Wade D. Pfau
Reverse mortgages allow homeowners age 62 or older who own their home outright or who have a small mortgage balance to convert the equity in their primary residence into a liquid, tax-free asset. Borrowers can take their money in a lump sum or as a monthly payment, or set up a line of credit.
Franklin, Mary Beth, "9 surprising ways to use a reverse mortgage" (2016). In the News. 1429.