Reverse mortgages explained: Pros, cons and costs for retirees – Darcy Ungaro - News Summed Up

Reverse mortgages explained: Pros, cons and costs for retirees – Darcy Ungaro


So, what’s a reverse mortgage? A reverse mortgage converts home equity into spending money in retirement. So, to really benefit from property wealth in retirement, there are two mainstream choices: sell up, or take out a reverse mortgage. How would taking out a reverse mortgage make your lives better? Talk through your options with them, regardless, including alternatives if a reverse mortgage doesn’t fit.


Source: New Zealand Herald February 01, 2026 01:03 UTC



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