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Reverse Mortgage Program Options Appearing on More CU Menus

GFA Federal Credit Union recently announced it is offering a reverse mortgages program--yet another home loan option to serve members' financial needs.

By Staff Writer | Updated on February 05, 2008

GARDNER, Mass. — GFA Federal Credit Union recently announced it is offering a reverse mortgages program–yet another home loan option to serve members’ financial needs.

The reverse mortgage option may prove increasingly popular as aging baby boomers look to the retirement horizon, particularly those who haven’t already stripped out a lot of equity with home equity lines of credit they’ve yet to pay off.

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