top of page
  • Writer's pictureNichole Fox

Are there any restrictions on how I can spend the money from a Reverse Mortgage Loan?

There are virtually no restrictions on how you can spend the money. The proceeds from a reverse mortgage may be used to consolidate debt, help kids, make ends meet, or simply saved as a financial reserve for a rainy day. However, you should be cautious of any lender trying to cross-sell additional products.

14 views0 comments

Bình luận

bottom of page