Did you know – homeowners ages 62 and older now own over $7 trillion* of home equity? This is the highest amount of housing wealth on record! But many of these seniors overlook this hidden wealth. Do your clients know about it?
* “Seniors now have a collective $7 trillion in home equity”, Housingwire.com, March 2019.
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As seniors hold record amounts of untapped home equity, reverse mortgages offer a powerful opportunity