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How the HECM Reverse Mortgage Line of Credit Works!
How the Reverse Mortgage Line of Credit Works Making the right decision regarding a reverse mortgage includes deciding on the type of HECM reverse mortgage. The reverse mortgage line of credit is a very powerful option in the suite of reverse mortgage choices. Often...
Reverse Purchase Loan Explained – Buy a Home with a Reverse Mortgage!
If you’re looking to “right size” your life, the HECM reverse purchase mortgage program might be right for you! Many seniors and their family members are not aware that they can use a reverse mortgage to purchase a home and remove the burden of a mortgage payment. The...
California Reverse Mortgage Law
California Reverse Mortgage Law provides extra protections to seniors considering obtaining a reverse mortgage. Many have accused the Golden State of being regulation heavy, but in this case, the minor inconvenience goes a long way toward protecting what can often be...
Reverse Mortgage with Bad Credit?
Reverse mortgage with bad credit? We get this question all the time. Reverse mortgages have become a very valuable option for the ever-growing senior population. As is often the case, when you need a loan, sometimes, it’s hard to get one. While in the past, credit was...
Can Reverse Mortgages Help Solve Credit Card Debt?
Can reverse mortgages help solve credit card debt? Seniors are often financially unprepared for retirement. Unfortunately, many retirees are saddled with excess debt and little in the way of retirement savings. With declining income prospects it is important for...
What is a reverse mortgage?
Welcome to RM 101! What is a reverse mortgage? Well here is where you will find the answer. In this post, we are going to endeavor to cover the basics of what a reverse mortgage is and how it works. We will briefly describe the reverse mortgage, cover basic...
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