Other Financing Options

Every homeowner should consider all options before applying for a reverse mortgage. Typically, these options include:

  • Selling the home and downsizing
  • Getting a conventional mortgage
  • Applying for a home equity line of credit
  • Liquidating investment accounts
  • Applying for other government assistance programs

Next: Further Resources

Duane - San Diego

"David and I analyzed my personal financial situation and we came to the joint conclusion a reverse mortgage was not needed. I respected the fact that David never tried to pressure me into something that was not right for me."