Mobile Mortgage News

Reverse mortgages steadily climb

posted 11 weeks ago on Reverse Mortgage Loan Blog

When 75-year-old Susie Clingan, of Springfield, needed an additional source of steady income in 2006 to meet higher costs of living, she turned to her most valuable possession: her home. Clingan took out a reverse mortgage from BancorpSouth, and though she declined to discuss actual figures, she appreciates the help with her budget. "I don't know what [...]

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