The AARP site has a lot of information about reverse mortgages and helps you make and informed decision in regard to whether it is the right move for you.
No I do not have a mortgage from AARP Reverse Mortgage because I am not 100 years old. That is for old people who need money and do not need their house any longer because they will be dieing soon.
They dont recommend any company or endorse reverse mortgage, they want you to have the information to make a good decision on less expensive loan alternatives.
Yes, AARP does, in fact, offer a reverse mortgage to seniors. You must be atleast 62 years of age and own your home to get a reverse mortgage with AARP as well as most other places that offer them.
A reverse mortgage is for Seniors 62 and older. It uses equity in the home as a loan. It typically does not have to be repaid until the home is moved out of permantly. A regular mortgage is when you...
Many of your large nation banks will offer a AARP reverse mortgage. You may be able to go through a mortgage broker as well who can help you navigate the application process and offer competitive...