This just in....Al's Blog

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 on federal benefits, however local, county or state social benefits(food stamps,utilities aid,etc.)...

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...