Reverse Mortgage vs. Forward Mortgage: What's the Difference?
If you’ve never heard of a forward mortgage, there’s a reason for that. The term refers to traditional mortgages and is rarely used, except in comparison with a reverse mortgage. Whether you go with a forward or reverse mortgage depends upon where you are at this point in your life—personally and financially.
Original Article Source Credits: Investopedia, https://www.investopedia.com
Article Written By: CAROL M. KOPP
Original Article Posted on: Sep 9, 2020
Link to Original Article: https://www.investopedia.com/mortgage/reverse-mortgage/reverse-vs-forward-mortgage