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2. What is a reverse mortgage? How it works, who it’s best for ...

   www.aol.com/finance/what-is-a-reverse-mortgage...

   Single-purpose reverse mortgages. Offered by nonprofits and state and local government agencies, these loans are aimed at lower-income borrowers and can only be used for one specific purpose, such ...

3. 4 Key Signs You’ve Found the Right Reverse Mortgage Lender

   www.aol.com/4-key-signs-ve-found-190014970.html

   Here are four key signs that you’ve found the right reverse mortgage lender for your situation, according to Steven Parangi, an attorney and owner of Alpine Mortgage, a mortgage lender.

4. Reverse Mortgage, Home Equity Loan or Refinance? The ... - AOL

   www.aol.com/reverse-mortgage-home-equity-loan...

   Home equity is a valuable financial resource.By definition, it’s the difference between your home’s value and how much you owe on your mortgage. For example, if your home is worth $500,000 and ...

5. Reverse mortgage - Wikipedia

   en.wikipedia.org/wiki/Reverse_mortgage

   A reverse mortgage is a mortgage loan, usually secured by a residential property, that enables the borrower to access the unencumbered value of the property. The loans are typically promoted to older homeowners and typically do not require monthly mortgage payments.

6. Reverse mortgage: What it is and how it works - AOL

   www.aol.com/finance/reverse-mortgage-works...

   The most common type of reverse mortgage is a Home Equity Conversion Mortgage (HECM), for borrowers ages 62 and older. Some reverse mortgage lenders offer other options for borrowers ages 55 and ...

7. Reverse mortgage requirements - AOL

   www.aol.com/finance/reverse-mortgage...

   A reverse mortgage is not free money — interest and fees will be added to your mortgage balance each month. That means the amount you owe on your mortgage will go up.