Reverse Mortgage. The reverse mortgage for home purchases is one of the most powerful tools available today for borrowers age 62 and over. There are a lot of misconceptions about the power of a Reverse Mortgage; however, when borrowers are educated and when used appropriately, it truly can be a solid way to purchase real estate.
Here is a brief summary of how a reverse mortgage works. For a purchase loan, you will need a down payment of approximately 35%. The amount of … (0 comments)
Wouldn't it be nice to have no mortgage payments AND collect rental income? 
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