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Independence Day...Seniors Independence with a Reverse MortgageWhat better day to talk about obtaining your financial independence than on Independence Day?! I don't think our forefathers ever considered the right to a reverse mortgage when framing the Bill of Rights and our Constitution, but ever since 1988 when Ronald Reagan signed the bill authorizing the Department of Housing and Urban Development (HUD) to insure Reverse Mortgages through the Federal Housing Authority (FHA), hundreds of thousands of senior homeowners age 62 and over have gained their financial independence.
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Article Tags: Senior Independence, Independent Seniors, Independence Day For Seniors Article Source: http://www.articlesbase.com/finance-articles/independence-dayseniors-independence-with-a-reverse-mortgage-471091.html About the Author:
Michael G. Branson is a Mortgage Broker who has over 31 years of mortgage banking experience. Toll Free (888) 801-2762 Reverse Mortgage Lender Reverse Mortgage Programs Reverse Mortgage Calculator
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