As more American seniors find themselves economically impacted by the COVID-19 coronavirus pandemic, more of them may be looking at new financial options that they may not have considered before in order to make ends meet. One of these new potential options may be a reverse mortgage, and it’s in that spirit that Money.com has published a new article that purports to offer its readers “everything you need to know” about the product concept.
While the article offers objective information about the realities of a reverse mortgage transaction, it also takes a cautious approach in informing readers about the complexity of the product category.
“For seniors wondering how to fund retirement, tapping the wealth you’ve built in your home can seem appealing,” the article begins.
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