Using a Reverse Mortgage to Improve Your Home and Age in Place.

For many homeowners, the goal isn’t to move — it’s to stay.

I often speak with homeowners who love their neighborhood, their community, and their home, but realize that the house itself may need updates to support the next phase of life. Whether that means improving accessibility, upgrading systems, or making the home more comfortable and efficient, remodeling can play a key role in aging in place.

For homeowners 62 and older, a reverse mortgage can be a valuable option to help fund those improvements. [Read more…]