Understanding Reverse Mortgages

Authored By: Pennsylvania Department of Banking and Securities

If you are a homeowner age 62 or older looking for money to supplement your retirement income, pay for medical expenses or home improvements, pay off your current mortgage or buy a new home, you may be considering a reverse mortgage. Here is some information about Reverse Mortgages from the Pennsylvania Department of Banking and Securities. [PDF]

Last Review and Update: Mar 30, 2023
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