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.