A social worker counseling a senior called me recently and asked what impact a Reverse Mortgage would have on the senior's ability to obtain local and county aid. Typically a RM will have no effect onĀ federal benefits, however local, county or state social benefits(food stamps,utilities aid,etc.)
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06/19/2009
A question of Reverse Mortgages? Why are Reverse Mortgages called reverse mortgages? While this may seem like a very simple question, the various answers one gets sometimes cause more confusion than necessary. So here is my definition of a Reverse Mortgage: These mortgages work just the reverse o
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06/18/2009