Reasons for Getting a Reverse Mortgage


There are many reasons why peope take out reverse mortgages. With the new Housing Bill legislation, you will be able to use a reverse mortgage as a way to purchase a home.

Review Ken Metcalf's reverse mortgage news feed for further information!


Listed below are some of the top reasons given by clients:

  • Supplement your income with monthly checks
  • Pay off debt or existing mortgages and have no more payments
  • Home Repairs and Improvements
  • College Tuition for Grandchildren
  • Purchase A New Car
  • Pay for Taxes and Insurance
  • Travel
  • Replenish Depleted Savings
  • Pay for in-home care
  • Down-payment assistance for family financial solutions
  • Support for elderly family members