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4 ways a reverse mortgage can help you

Por: CBS News Business September 26, 2022

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There are multiple benefits to taking out a reverse mortgage. Getty Images/iStockphoto A is a type of loan that pays you. Unlike a traditional mortgage, which requires you to make payments each month, with a , you're the one who gets paid — either with a one-time sum, monthly payments, a line of credit or some combination of these approaches. Reverse mortgages are only for seniors — homeowners who are 62 and older. If you're in... + full article



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