The College Investor on MSN

How a reverse mortgage works

If you're in a situation where you have a significant amount of home equity, you may have heard about a reverse mortgage in addition to a few common options to help you access that equity. These ...
How does refinancing a mortgage work? A mortgage refinance swaps out your old mortgage with a new one, including a fresh set of terms and interest rate. It may or may not come with financial benefits, ...
What is a reverse mortgage? A reverse mortgage is a home loan that allows people ages 62 and older to borrow against their home equity.