You may have heard of a home equity line of credit (HELOC), but have you heard of the reverse mortgage line of credit (RMLOC)? The two have many similarities, but the RMLOC has a few unique features. One of those features is that the available amount in the line of credit can grow in value over time. Check out today’s Tune in Tuesday to learn more about the differences between the two loans.
Want to learn about the reverse mortgage line of credit or other HECM products? Call one of our licensed specialists. They are happy to answer any questions you may have and can help you find the best product for your individual financial goals.