Reverse Mortgage Support
rulene
Member ✭✭
This is currently not an account option. None of the current ones work for this type of loan, as payments might not be made at all—though they can be as an option—and additional mortgage insurance payments are accrued but might not paid either. Also, the interest rate adjusts over time, typically.
Is there any plan to support this type of loan any time soon? As more Quicken users age (and their financial situation changes), this would become increasingly useful. I appreciate Quicken's advancement over time with new functionality (over 30 years in my case); however, this is a significant oversight, I believe. Thank you!
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