Seniors and Home Equity loans: Information Booklet

Last week, I’d written about seniors and home equity loans or rather about how they are not a compatible pair. Well, I’ve got some more information on this topic. I thought I’d share it with you guys. For financial advice for seniors on home equity loans, reverse mortgages and the like, I suggest you check the free special guide for seniors from the Federal Deposit Insurance Corp.

The special guide for seniors also includes a list of government resources that older Americans and their families can turn to for help on financial matters. If you want a hard copy, the FDIC will provide you with single copies free through the Federal Citizen Information Center if you order online.