Reverse Mortgage Information trough www.reverse-mortgage-information.org is a website dedicated to providing senior homeowners with the tools, news and other reverse mortgage information resources needed for to make an informed decision. This is the place to answer the question: What is a reverse mortgage? A reverse mortgage is a special type of home loan that lets a homeowner convert a portion of the equity in his or her home into cash. The equity built up over years of home mortgage payments can be paid to you. But unlike a traditional home equity loan or second mortgage, no repayment is required until the borrower(s) no longer use the home as their principal residence. Reverse Mortgage Information is dedicated to helping retirees and seniors live in financial comfort. Their goal is to educate about reverse mortgages and assist in the next step of speaking to a reverse mortgage lender. In addition, unlike other places, they do not hide reverse mortgage disadvantages. Reverse mortgage Information must include all the facts.

A reverse mortgage is a unique type of home equity loan that can provide lifetime tax-free income for seniors must be at least 62 years old. Senior homeowners that have accumulated large amounts of equity over many years, can now tap into that asset with a reverse mortgage and not take on any additional monthly mortgage payments to do so. With reverse mortgages, the lender pays the homeowner tax-free payments based on the amount of equity in the home and the age of the owner(s). The senior does not have to sell the home, give up title or make monthly payments. The payment stream is "reversed" and the lender now makes payments to the homeowner as long as the senior remains in the home. There are no income, medical or credit requirements to qualify for this type of mortgage. Learn more about reverse mortgage, visit www.reverse-mortgage-information.org.