Financial giant MetLife has announced that they're now offering reverse mortgages to seniors age 62 and older through their subsidiary, MetLife Bank. The announcement reflects the increasing demand and acceptance of reverse mortgages as a valuable financial tool for some seniors.

MetLife reverse mortgages will include both adjustable rate and fixed rate home equity conversion mortgages (HECM) on properties that meet HUD standards.

In addition to a great FAQ section, the MetLife reverse mortgage website offers an easy-to-use reverse mortgage calculator.  You can visit the MetLife Bank website at http://www.MetLifeBank.com.

For more information on reverse mortgages, check out the following articles:

• Reverse Mortgage Basics
• Disadvantages of a Reverse Mortgage
• Using a Reverse Mortgage Calculator