The Senior discusses how to use a reverse mortgage for everyday expenses
12 January 2021
In The Senior’s latest article on reverse mortgages, they discuss one of Heartland’s most popular loan purposes, everyday expenses.
With the rise in living costs over the years, and increasing debt experienced in retirement, many retirees are struggling to make ends meet and pay for their bills such as heating, car expenses, groceries, and much more, using their savings or the pension alone.
A reverse mortgage could help by supplementing your income to help pay for ongoing everyday expenses, so you can have peace of mind free from financial stress in retirement.
Read the full article here.
If you would like to find out more about reverse mortgages, request your free Reverse Mortgage Guide.
If you require any assistance, feel free to get in touch, we are here to help you.
Information is accurate as of 12 January 2021 and may change from time to time.