Reverse Mortgages
- You can stay in your home
- No mortgage payments ( the bank pays you)
- No credit score or income required
- Receive monthly income, lump sum, or a credit line
Reverse mortgage lenders will consider approving you a loan if you own a home, are over 62 years of age, and have equity in your home .
To calculate how much you can receive ----> reverse mortgage calculators
With this economy reverse mortgage is the only way
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