Greg Frost from Frost Mortgage joined New Mexico Living to talk about reverse mortgages.
Reverse mortgages are available to those 62 and older and can be a way to borrow against the equity in your home without having an additional monthly payment. The population is aging, the Baby Boomers, and now they are looking for a way to eliminate a mortgage payment without giving up their home. They offer counseling to anyone you wants more information, so if you are interested in a reverse mortgage contact Frost Mortgage by calling 505-292-7200 or by coming in to have your questions answered in person.
Brought to you by: New Mexico Living, segment paid by Frost Mortgage