A reverse mortgage loan also known as HECM (Home Equity Conversion Mortgage) is a best solution for those who have a house but have little cash-in-hand and are struggling to pay taxes, debts and other expenses.
There are few questions that trouble the borrower before he applies for this type of loan. Let's understand more before you make up your mind:
1. Does my home qualify?
Answer: If the title of the property is in your own name and is a single-family home, you will qualify for a
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