Guest Op-Ed: Reverse Annuity Mortgage Loan Program Helps Montana Seniors Stay in their Homes

As Montanans face more economic challenges due to inflation, it can weigh heavily on our most vulnerable populations, including senior citizens. Housing costs are soaring across the nation, thanks in part due to a lack of supply keeping up with demand. While many Montana seniors own their own homes and have little or no remaining mortgage debt, they struggle to make ends meet on fixed incomes.

Montana’s seniors deserve to age with dignity and to live safely and independently at home throughout their golden years. Through the Montana Board of Housing’s Reverse Annuity Mortgage program, low-inte...