The Pros & Cons of Reverse Mortgages - 04/04/12 04:27 PM
Reverse Mortgage - Pros & Cons
A reverse mortgage is a tool - a financial tool that works great in the right situation. You wouldn’t use a high heeled shoe to hammer a nail would you?.... or Scotch tape to connect two electrical wires?  You need the right tool (mortgage) that matches your plans for the future, your income, finances, and living situation. A reverse mortgage is one such tool that has it’s pros and cons. Let’s take a look.
Pros:
No Monthly Mortgage Payments are required on a reverse mortgage - ever. (But you can make paymenst if you … (3 comments)

 
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Deborah Nance, Southern California Reverse Mortgage Specialist

Deborah Nance

Corona, CA

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Orange County, Corona, Riverside, Los Angeles

Address: NMLS#202003, Southern California, CA, 92883

Office Phone: (951) 283-2983

Cell Phone: (951) 283-2983

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What You Want To Know & Need To Know About Reverse Mortgages - “The postings, statements and opinions on this site are my own and do not necessarily represent the opinions and positions of my employer, and/or it's affiliates."


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