All over Vermont, reverse mortgages are becoming increasingly popular. As the population ages, financing alternatives become increasingly important for seniors. A reverse mortgage provides options. Seniors can tap the equity in their homes, while continuing to live in and own the home.

Beware of scam artists in Vermont and around the country who claim to be “estate planning” individuals and request a fee for referring a person to a reverse mortgage lender. This is never a reputable situation. HUD, the government agency working the most with reverse mortgages, says not to use an “estate planning” firm. You should never have to pay a referral fee to obtain a reverse mortgage. We have the HUD approved, trustworthy reverse mortgage lenders at Reverse Mortgage Page.

Vermont Reverse Mortgage information from Reverse Mortgage Page.

Another great resource for Vermont seniors:

Agency of Human Services
Department of Disabilities, Aging & Independent Living
103 South Main Street
Weeks Building
Waterbury, VT 05671-1601
(802) 241-2400