Danny Richmeier has lived in the same Bella Vista home for the past 20 years. He retired many years ago and only receives a Social defense Benefits each month.

“I’ll be 78 but I don’t feel old,” Richmeier said. “I’m just slowing down a little bit.”

Richmeier and his wife decided to reap the financial benefits from their home’s equity two years ago.

“I figured, ‘Well, hey. Why not have that money working for you?’ so that’s what we decided to do.”

Teri Bleich of Pulaski Mortgage Company said reverse mortgages are ideal for some senior citizens,

who are are at least 62 years of age and are having trouble making traditional mortgage payments.

Post from: Reverse Mortgage Loan Blog

Reverse Mortgages Help Seniors Enjoy Golden Years

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