Posted on Nov 1, 2018
Pine Creek Financial Group
Reverse mortgage versus a traditional mortgage --is one better than the other? The answer is that it depends on the situation. They have many similarities, but there are a few key differences that make reverse mortgages a better choice than a traditional mortgage. Or vice versa.
This article breaks down the basics of these two types of home loans to give you a general idea of when to choose one over the other. Because every situation is unique, we encourage you to call us for personalized and honest home loan assistance.