REVERSE MORTGAGE : What Can I Do With The Cash Proceeds?
The cash is yours! Take a long delayed trip, pre-gift inheritances, payoff other debt or just live a little bit better. Perhaps your investments are devalued and you just want to give them some time to revalue but still need cash.
Want to do something more significant? Setup a scholarship fund at your church, alma mater, or local high school. Give it as a lump sum or setup monthly payments.
The point is that you have cash locked in your equity and can access it to care for yourself, family or community. You have choices!