Tag Archives forsecond mortgages

Reverse Mortgage Risks

Reverse Mortgage- is it a big risk?

What are the advantages and disadvantages of reverse mortgage?

Are you running into a big risk?

A reverse mortgage is a special type of loan that home owners can sometimes get to convert the equity in their homes to cash. Simply, a reverse mortgage is a type of loan that provides you with a monthly income, a lump sum of cash, or a line of credit. Or a combination of both

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