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"Will I have enough cash to last me the rest of my life once I retire?"- that can be a BIG QUESTION! Homeowners over 62 years of Your home must be your principal residence, meaning you live there the majority of the year. · You must either own your home outright or have a
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Today, let's talk about the qualifications for Reverse Mortgage. The Reverse Mortgage through FHA is known as HECM, or the What is a HECM Reverse Mortgage?
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Do You Qualify For THIS? A $600000 paid off home will yield a line of credit of approximately $200000, depending on age and interest rates. Simply by
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