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How To Get A Reverse Mortgage

Mae Said:

how do you feel about reverse mortgage's now at the present time?

We Answered:

uh...of course. Pay it off just like any other mortgage. Of course you have to be 62 to take one out?

Amber Said:

Is reverse mortgage right for this person?

We Answered:

First, no the reverse mortgage is NOT going to pay her other mortgage, she will have 2 of them. They also will not give a lump sum, it would be a few hundred a month until the 15k was reached.

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