Top 10 reasons why borrowers pursue a jumbo reverse mortgage

Top 10 reasons why borrowers pursue a jumbo reverse mortgage
American Advisors Group has surveyed borrowers who have chosen its private-label AAG Advantage loan to determine what prompts seniors to pursue a jumbo reverse mortgage. The results highlight the vast differences between the average reverse mortgage borrower – whose financial situation is often tenuous – and those who pursue a jumbo reverse to access the equity in a higher-value home.
Source: https://www.housingwire.com/rss