9 Options When You Can’t Afford Your Mortgage Anymore
Owning a home comes with a lot of responsibility. But the toughest part of owning a home may be realizing that you you can’t afford your mortgage anymore. Lots of different circumstances can lead to an unaffordable mortgage payment. But you have options if you take a proactive approach. 9 Options When You Can’t Afford […]
The Downsides of Reverse Mortgages
A “reverse mortgage” is essentially a mortgage loan for a homeowner at least 62 years of age who owns a primary residence free and clear of any liens, or who has significantly paid down the balance on the existing mortgage. Reverse mortgages typically only become due when the borrower passes away. When considering a reverse mortgage, […]