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What is the Difference Between a Mortgage and Reverse Mortgage?

What is the Difference Between a Mortgage and Reverse Mortgage?

by goreverse | Feb 18, 2022 | Reverse Mortgage

There are many misconceptions about reverse mortgages. Many people think it is a type of loan or another financial instrument, but it’s not. A reverse mortgage loan is distinct from a traditional mortgage loan, and we’ve got a full breakdown of everything...
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Professional Mortgage Solutions Inc, d/b/a GoReverseMortgage is a Registered Mortgage Broker with the New York State Department of Financial Services. All loans are arranged through third party providers. Co. NMLS ID #148800.

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