Connecticut Reverse Mortgage Lenders

Connecticut is home to many house rich seniors and retirees with its robust housing market. Cities such as Bridgeport, New Haven, Hartford, Stamford, Waterbury and Norwalk are among the highest in median property values in the state. While a reverse mortgage should not be the top choice to cope with the rising cost of senior care and other related expenses, sometimes a reverse mortgage, also known as a HECM, is the only available option. In the right situtation, a reverse mortgage can definitely help families who have cash flow issues while allowing seniors to age in place in their own home.