Anybody with Reverse Mortgage experience?
I want to pay off huge credit card debt that I can no longer afford. I own my house and farm free and clear and wonder how the Reverse Mortgage works.
I would have a hard time getting a home equity loan as I have very little income that is verifiable. I have a very good credit score. Is this the way to go? (I am over 65 yrs. and am living on a small SS check.)