Posts by The Regan Team

Why do banks not recommend reverse mortgages? Are you considering a reverse mortgage to access your home’s equity for retirement income or pay off your current mortgage? You might be surprised to hear some banks aren’t exactly cheering you on. While a reverse mortgage can be an amazing financial tool, it’s true that banks themselves…

What are the downfalls of a reverse mortgage? A reverse mortgage is an attractive option for seniors looking to tap into the equity of their homes for additional income during retirement and to pay off their existing mortgage. While there are many benefits, there are some downfalls that you should consider before committing to one.…