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New Reverse Mortgage Programs: Choice, Advantage & Fourtune

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Each new year brings opportunities, and 2014 is no different: Reverse mortgage borrowers have new loan options available to them starting this year. If you’re interested in getting a reverse mortgage, here’s some information about the most popular product, the federally insured Home Equity Conversion Mortgage (HECM), and some of its new loan variations that are now on the...
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Reverse Mortgage Choice: Fixed Rate Lump Sum + Monthly Payment Plans

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Finally! Borrowers who wish to apply for the Government Insured Reverse Mortgage known as the Home Equity Conversion Mortgage (HECM or "Heck-um") have more than just one way to opt for a Fixed Rate loan. Ever since the fixed rate loans were introduced to the Reverse Mortgage product, borrowers have always had just one option to choose from, which was...
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