Nephew owns a condo. He is under 62 and on disability. His disability isn't enough to cover the condo fees (once his savings run out), property taxes and other expenses.
Are there any reputable firms that offer reverse mortgages for someone in his situation, if so, what are the pros and cons, pitfalls, etc? Any other options?
Read more: Are there reverse mortgages for people under 62 who are on disability?
