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Monthly Archives: December 2019

Reverse Mortgages: The Advantages To Your Lifestyle

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Myrtle-Beach-Reverse-MortgagesIf you have been working hard all of your life, don’t you think you get to reap the rewards now? If you have invested into your property, specifically your home, because of that hard work you can use it now to your advantage by making it pay you back.… Read More

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Reverse Mortgage and Its Monetary Aspect

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reverse mortgageThe monetary aspect is among the most crucial aspect of any financial transactions. This involves the way the cash is distributed, the interest rates, monthly amortization, and loan amount limit. In case you are planning to take out a reverse mortgage, you should understand these factors apart from the other requirements that you have to meet.… Read More

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Reverse Mortgage: What Are The Requirements and How Much Can You Borrow?

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reverse mortgageThe requirements for you to be eligible for a reverse mortgage loan vary depending on the lender and the kind of loan. Here are the requirements set by HECMs.

 

  1. You must be at least 62 years old, even if you are disabled or retired.
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8 Factors Retirees Need To Know Before Getting A Reverse Mortgage

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reverse mortgage lenderOnce you enter your retirement years, you will find your list of expenses as daunting. For people who have paid off their houses or just have small mortgage, a reverse mortgage might be a way to help cover these expenses during your retirement years.… Read More

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The What, Who, and How Of Reverse Mortgages

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reverse mortgageYou’ll find different kinds of loan today and one of the most famous ones is reverse mortgage. There are people who believe that this is just like the conventional mortgage or home loan. The only thing they share is that they are both loans against the home of a borrower.… Read More

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