Reverse Mortgage: What is it and who is it for?

By  | 

Have you heard the buzz about reverse mortgages? What many seniors don't know is how this program can help them accomplish their goals. Tom Houglum, a real estate agent with Berkshire Hathaway HomeServices Premier Properties, and Brenda Houglum, a reverse mortgage specialist with Homeowners Financial Group, explained how the home equity conversion mortgage program works and how it can be used to purchase a property.