Mobile Mortgage News

New reverse mortgage opens options for seniors

posted 162 weeks ago on Reverse Mortgage Loan Blog

Imagine for a moment buying a home in the Bay Area with a large cash down payment - say 40 percent or so - and never having to make another mortgage payment. That in essence is what Robert and Sara Bone are doing with their purchase of a $250,000 condominium at Rossmoor, the big 55-plus retirement [...]a New reverse mortgage opens options for seniors
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