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For more information on Reverse Mortgages
There’s some great news for millions of America’s seniors.
Now homeowners sixty-two and over can plan for their retirement with less stress and more money instead.
Wondering how? The answer is a reverse mortgage loan.
Many financial experts across the country think a reverse mortgage loan is the perfect option for retirement planning.
In fact, even in an unstable market, a reverse mortgage loan can help seniors protect their savings.
Other benefits include receiving money every month. That means an end to monthly mortgage payments. The title remains in your name but you’re still responsible for paying property taxes, insurance, and property maintenance.
With a reverse mortgage loan, funds are available for health insurance, long-term care, other medical expenses, credit card bills or unexpected emergencies.