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You can trade in your reverse mortgage loan for a new one. Here’s why — and how.
That debt will need to be repaid, and the lender may not be overly patient.
This allows seniors to get a new home without draining assets, but there are drawbacks.
Even if you’re not rich, you might benefit from these reverse mortgage strategies.
There are many good reasons to take out a reverse mortgage loan and one lousy one.
The minimum age to get a reverse mortgage loan is 62. Find out if there’s a maximum.
Relatively recent changes to reverse mortgages help protect spouses of borrowers.
Many people use a reverse mortgage loan to pay off a regular mortgage. Here’s why.
Seniors who need money to meet expenses have three options, each with pros and cons.
Own two homes and are contemplating a reverse mortgage? Here’s what to consider.