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Reverse mortgages don?t allow you to borrow 100 % of home value

posted 40 weeks ago on Reverse Mortgage Loan Blog

Q: Regarding your recent column on reverse mortgages: My husband and I thought a reverse mortgage was the greatest thing for us, as he was retired and we owned our home. I never really got into it as he did. Seven months later, he died and I borrowed on the house for funerals (I prepaid mine [...]a Reverse mortgages don't allow you to borrow 100 % of home value
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