Reverse Mortgage Pros and Cons

No doubt, there are plenty of benefits that make a reverse mortgage an attractive proposition for many homeowners. However, our goal here at Girrafe is to make sure you have a balanced perspective about your financial choices.

For this reason, we have compiled a list of the pros and cons of taking out a reverse mortgage loan.

Benefits of Reverse Mortgage

Drawbacks of Reverse

We strongly recommend that intending-borrowers carefully consider these potential advantages and notable risks before opting for a reverse mortgage.

Of course, you can choose to speak with our specialists if you need more clarity. Girrafe’s home equity professionals are always more than willing to provide you with expert guidance when you are trying to figure out which mortgage option is best for you.

GET YOUR FREE REVERSE MORTGAGE QUOTE

Take the first step

towards the retirement you want

Find out how much you can receive with a reverse mortgage by completing the form below.

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