home equity conversion mortgage: Home Equity Conversion Mortgages For 62 and Over
- 08/15/08 01:45 AM
You may have been hearing more about reverse mortgage in the news. Reverse mortgages are a special type of home loan that allows a homeowner to convert the equity in their home into cash in a monthly payment. They can give older Americans greater financial security to supplement social security, meet unexpected medical expenses, make home improvements, and allow them to keep their homes if they choose to. If you are interested in a reverse mortgage, do not pay anyone for information about reverse mortgage this information that is provided free from HUD.
Homeowners 62 and older who have paid (3 comments)
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