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Things You Need to Know About Reverse Mortgages

CountingWorks PRO Marketing Team Season 2 Episode 36

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0:00 | 16:03

A reverse mortgage is a financial product that allows homeowners, typically aged 62 or older, to convert part of their home equity into cash. Unlike a traditional mortgage, where the homeowner makes payments to a lender, in a reverse mortgage, the lender makes payments to the homeowner.