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All You Wanted to Know About Reverse Mortgages

In speaking about reverse mortgages, let’s start with the basics. A reverse mortgage by definition is a loan against your home that you don’t have to pay back as long as you continue to live in your home. This usually looks like monthly payments from the lender using equity you have already built up in your home. Based on this definition this seems like a good thing right? Let’s get into the particulars.... read more

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