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Maybe You’re Already in Your Retirement Home – The Reverse Mortgage

August 21, 2009 By: Brett Allen Category: Local Real Estate News

Until recently, seniors 62 years of age and older have not had the best choices when it came to getting cash from their homes. Traditional home loans only offered the option of either selling one’s house or borrowing against its equity. With reverse mortgages coming on the scene, seniors now have some additional cash-flow alternatives.