« Mortgage Loans: Understanding Rate | Main | Mortgage Loans: Bridge Financing »
July 28, 2006
Boomers Discover Reverse
As retirement looms in the not too distant future, aging baby boomers are looking for ways to tap equity in their primary residence to finance their golden years. Reverse mortgages have been around about ten years, but only in the last three have they gained prominence. A Reverse Annuity Mortgage or RAM allows those 62 years old and older who own their home, to tap equity, but not sell the
Posted by Greg at July 28, 2006 02:37 PM


