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The Reverse Mortgage Experts
A Reverse Mortgage is a unique loan that enables senior homeowners to convert a portion of the equity in their home into income with out having to sell their home. Reverse Mortgages are available to homeowners that are at least 62 years of age and older who own their own homes. Funds obtained from the Reverse Mortgage are typically tax-free and borrowers can elect to receive the proceeds as a lump sum, monthly income, line of credit or any combination. Borrowers can use the funds anyway that they wish.
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