Reverse mortgages are a unique type of loan used by older Americans to convert the equity in their homes into cash. Get a payment from your lender in exchange for equity in your home over time. Basically, we will pay you to stay in your own home. How does that sound?
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Many Americans are in the dark about reverse mortgages. Here are three important benefits to consider when you’re looking into one:
This material is not from HUD or FHA and has not been approved by HUD or a government agency.