For many seniors in Suffolk County, NY, tapping into home equity becomes a key strategy to maintain financial stability in retirement. Two common options are the Reverse Mortgage (especially the Home Equity Conversion Mortgage, or HECM) and a Home Equity Line of Credit (HELOC). Each has its uses, rules, and trade-offs. This guide walks Suffolk ... Read more

The post Should Suffolk seniors use a reverse mortgage or a HELOC? first appeared on Jet Direct Mortgage | FHA Loans & Conventional Loans.