All posts by Mike Anderson

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The Truth About Reverse Mortgages

The Many Misconceptions About a Reverse Mortgage (HECM) It is amazing how the reverse mortgage has received some misguided information over the years, well I’m here to clear the air about this wonderful product for people 62 years old or older. What is a Reverse Mortgage? The reverse mortgage is a federally insured loan product backed by the Federal Housing Administration accessible to homeowners 62 and older. These reverse mortgage loans allow senior citizens to tap into a portion of their equity to help supplement

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