5 Reasons To Consider A Reverse Mortgage As A Senior
You can borrow money if you are over 62 years old and have a home with significant equity. It's called a reverse mortgage since the reverse mortgage service pays the borrower instead of the lender on a monthly basis. This institution is only for seniors who are still living at home. This debt is repayable upon the death of the remaining spouse or upon moving out of the residence. This program allows seniors without other assets to obtain spendable cash.
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