By Robert M. Bregitzer, CPA
Southeast Mortgage
Dunwoody, Georgia
770-399-7775
Member of the national ElderCare Matters Alliance,
Georgia chapter
When Mildred Austin inquired about a reverse mortgage, she did not know much about them. "All I knew was that this could help me; I needed someone to explain it to me". After talking with a Department of Housing and Urban Development (HUD) Counselor, meeting with a reverse mortgage specialist, and discussing the options with her advisors, she decided that a reverse mortgage was her best option. "I was able to make needed repairs to my house, pay-off my existing mortgage loan and several medical bills and obtain a monthly check to supplement my social security. This loan has been a blessing."
Read more on The Reverse Mortgage: Some Seniors Can't Stay Home Without It…