- Mutual Funds
- Reverse MortgagesReverse mortgages (sometimes referred to as "home equity conversion loans") enable older homeowners to tap into home equity without selling their home. Deciding how you'd like to be paid: by a monthly payment amount, a line of credit, or a one-time payment, you may take out a loan amount determined by your equity. The loan doesn't have to be repaid until the borrower sells his residence, moves away, or passes away. After your home has been sold or is no longer used as your primary residence, you (or your estate) must repay the lender for the money you received from the reverse mortgage as well as interest and other finance charges.