The folks at ConsumerAdvocate.org have created a comprehensive guide to reverse mortgages - what they are, who they're best suited for, and their pros and cons. This guide includes rankings of various reverse mortgage companies based upon transparency & reputation, loan options and availability.
As of July 11, 2019, they rated American Advisor Group best for relocating and downsizing, Finance of America Reverse best for the most flexible proprietary loan, and Longbridge Financial best for online functionality.
For more details about these reviews and FAQs about reverse mortgages, click here.
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