MarketWatch Says Reverse Mortgages Better Than HELOCs for Some

According to MarketWatch, a reverse mortgage may be a better alternative for some when compared to a home equity line of credit (HELOC).  The article provides three options on how to access one's home equity:  reverse mortgages, HELOCs and home equity loans.  The only option that does not require a monthly payment is a reverse mortgage, and the article cautions readers to consider the risk of losing your home if you can't make the payment.  Read the entire article here.  And find out more about reverse mortgages here.