Data Confirms Reverse Mortgage Borrowers Have Little Wealth Outside Home

June 27, 2019

Reverse Mortgage Borrowers More Educated. Risk-Averse

A recent study presented at the National Reverse Mortgage Lenders Association (NRMLA) Eastern Regional Meeting shows that homeowners who have either partially or fully completed their college education are twice as likely to have a reverse mortgage than those who have not, and are typically more risk-averse and more likely to have prepared a financial plan.

Read the article on Reverse Mortgage Daily.


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