Guide to Housing and Mortgages for Seniors

Mortgage Loan.com offers a fantastic free guide to help Seniors navigate “some of the options open to them and precautions that they should take when it comes to owning a home, downsizing, paying a mortgage, taking out a reverse mortgage, and selling property.”

From their website:

After evaluating this guide, readers will have a better understanding of:

  • Common financial mistakes that seniors make
  • The benefits of downsizing
  • Approaches to paying for a mortgage in retirement
  • The various types of mortgages available to seniors
  • What a reverse mortgage is and how to use it
  • How seniors can protect themselves from predatory real estate professionals and scams

Check it out!

http://www.mortgageloan.com/seniors/

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About UWF Center on Aging

The Center on Aging at the University of West Florida was established in the Fall of 2010 when the School of Psychological and Behavioral Sciences faculty along with assistance from Sponsored Research submitted a grant to the State University System Board of Governors in support of aging initiatives for Northwest Florida. Its mission is to improve the quality of life of aging adults through the application of science to address challenges associated with aging and to promote healthy aging, with an emphasis on prevention. This will be accomplished through inter-disciplinary and inter-professional efforts of basic and applied research, consultation, and partnerships with community agencies. Education and training, direct services to the aging population, and public awareness and understanding of the contributions and needs of elders will be primary objectives.
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