Reverse Mortgages: Understanding the Basics

FCS3305, a 7-page fact sheet by Michael S. Gutter, Selena Garrison, Brent Litchfield, and Lisa Leslie, describes this type of tax-free loan that can be used to help fund retirement — requirements, cost considerations, alternatives, types of reverse mortgages, fees and interest, limitations, distribu...

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Bibliographic Details
Main Authors: Michael S. Gutter, Selena Garrison, Brent Litchfield, Lisa Leslie
Format: Article
Language:English
Published: The University of Florida George A. Smathers Libraries 2009-10-01
Series:EDIS
Subjects:
Online Access:https://journals.flvc.org/edis/article/view/118122
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Summary:FCS3305, a 7-page fact sheet by Michael S. Gutter, Selena Garrison, Brent Litchfield, and Lisa Leslie, describes this type of tax-free loan that can be used to help fund retirement — requirements, cost considerations, alternatives, types of reverse mortgages, fees and interest, limitations, distribution types, and types of unscrupulous practices. Includes references. Published by the UF Department of Family Youth and Community Sciences, October 2009.
ISSN:2576-0009