While reverse mortgages have been available to homeowners since 1961, the loans have been off-limits to housing cooperative (aka “co-op”) residents. Reverse mortgages allow older homeowners to borrow against their…
While reverse mortgages have been available to homeowners since 1961, the loans have been off-limits to housing cooperative (aka “co-op”) residents. Reverse mortgages allow older homeowners to borrow against their…