Basically, a reverse mortgage pays you money from the equity you have built up in the value of your home. There are some requirements that need to be met to qualify. We ask some of the most common questions.
Why would I choose a reverse mortgage instead of a home equity loan or second mortgage? BANK LINE OF CREDIT You have to make interest payments if you use the line at least monthly or quarterly The line of credit will usually be due every year or every … (0 comments)
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Kevin A. Guttman-Author, ReverseMortgageSpecialist
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