reverse mortgage

What Is A Reverse Mortgage?

We’ve all heard of a mortgage, but what about a reverse mortgage? A reverse mortgage is a type of loan that allows you to cash out your home’s equity while you still live in your home. Instead of paying the lender your monthly mortgage, the lender pays you. You don’t have to pay back the money until you move out, sell the house, or pass away. Here is more information about how it works, and why you...

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