Nov 25

With a Reverse Mortgage, Your Home Can Pay You to Live in it

By Joe Pujol

What is a reverse mortgage? A reverse mortgage, more properly a Home Equity Conversion Mortgage (HECM), is a Federal Housing Authority (FHA) mortgage that’s designed to help senior citizens age with dignity by remaining in their homes. With a reverse mortgage, seniors 62 and older are eligible to withdraw up to 50% of the appraised value of […]

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