Reverseloanadvisor.com Gives Information on Reverse Mortgage
The YouTube video, http://www.youtube.com/watch?v=Stpm1a8ILLQ provides people with all the information about the pros and cons regarding reverse mortgage. The only reverse mortgage insured by the U.S government is called a Home Equity Conversion Mortgage or HECM and is available through FHA approved lender like Reverse Loan Advisor. They provides some valuable advice to those above the age of 62 regarding loans, so that the senior citizens have a way of living a financially independent life without having to worry about foreclosure or loan repayment.