Understanding the Basics of Reverse Mortgages
Wondering, What are the 3 types of reverse mortgages? we break down the options for you. The three main types include Home Equity Conversion Mortgages (HECM), proprietary reverse mortgages, and single-purpose reverse mortgages. Each type serves different needs and eligibility criteria. Our knowledgeable team is here to help you understand these options and find the right reverse mortgage for your situation.