Mobile Mortgage News

New loan helps seniors buy homes

posted 40 weeks ago on Reverse Mortgage Loan Blog

Shrinking nest eggs have retirees searching for ways to stretch their money. Some are discovering a new mortgage tool that can make buying a house cheaper than renting. "It is unbelievable. I call it a miracle myself," said Betty Swayngim, 69, of Asheville, N.C. Swayngim said after her husband died two years ago she sold their house [...]a New loan helps seniors buy homes
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