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How does a reverse mortgage work? A reverse mortgage is a type of home loan only available to people age 62 or older. Unlike traditional mortgages, with a reverse mortgage, the lender pays you ...
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When Does a Reverse Mortgage Make Sense?Text Callout : Key Takeaways - When Does a Reverse ... spouse. For example, if you're 65 but your spouse is 61, you'll have to wait until they turn 62 to get a reverse mortgage.
NRMLA co-chair Jim Cory discussed a new industry outreach effort to bring more people up to speed with reverse mortgages.
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