scorecardresearchShould you use a reverse mortgage to pay for long-term care?

Should you use a reverse mortgage to pay for long-term care?

Updated: 24 Jun 2022, 08:05 AM IST
TL;DR.
  • If you have at least 50% to 55% equity in your home, you have a good chance of qualifying for a loan or line of credit for a portion of that equity.
FILE PHOTO: An employee counts Indian rupee currency notes inside a private money exchange office in New Delhi July 5, 2013.  REUTERS/Adnan Abidi

FILE PHOTO: An employee counts Indian rupee currency notes inside a private money exchange office in New Delhi July 5, 2013. REUTERS/Adnan Abidi