Reverse Mortgages on the Rise for Retirees

Senior Reverse Mortgage.com Adds New Types of Reverse Mortgages to Provide Comprehensive Coverage for Retirees

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Columbia, MO (PRWEB) June 20, 2012

Senior Reverse Mortgage.com, a leading provider of reverse mortgage information, is at the forefront of the rising need for reverse mortgages by providing education on how a reverse mortgage can positively impact the lives of retirees.

Reverse mortgages are on the rise for older retirees. Senior Reverse Mortgage.com describes a reverse mortgage as, “unique type of loan that allows homeowners to use the equity in their home to eliminate monthly mortgage payments and/or supplement their income without having to sell their home or give up title.” Home equity, as one of the largest assets someone over the age of 62 has aside from social security, is an effective tool for financial stability.

In the past year there has been an increase in seniors turning to reverse mortgages to avoid foreclosure, afford medical bills, and fully retire at the age of 65. To meet the demands of an aging population, Senior Reverse Mortgage.com is now offering several different types of federally insured reverse mortgages.

To learn more about reverse mortgages including the eligibility requirements, please visit http://www.SeniorReverseMortgage.com.

About Senior Reverse Mortgage
Senior Reverse Mortgage has over 45 years providing premium services and education. The team at Senior Reverse Mortgage is made up of reverse mortgage specialists and a processing team with ethics and expertise. Senior Reverse Mortgage has the experience necessary to match homeowners with the right type of financial help. As a member of the Better Business Bureau, Senior Reverse Mortgage has maintained an A+ rating.


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