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Reverse Mortgages

computing using calculatorThis loan option is specifically for aspiring homeowners at least 62 years old. Other qualifications include being free and clear from existing liens. There are no credit score requirements for a reverse mortgage.

In the event of death of the homeowner or if the residence is uninhabited for more than 12 months, the homeowner’s estate can choose to put the home up for sale or repay the reverse mortgage.


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