Reverse Mortgage Pros & Cons for Today’s Retirees Updated 2017
29 May 2017 · 2 min

2:06
Cliff Auerswald breaks down reverse mortgages for retirees: how they work, who qualifies, and the trade-offs. You get cash without monthly payments but pay accruing interest that shrinks your home equity, face high upfront costs, and risk foreclosure if you violate terms. He compares them to home-equity loans and downsizing.










