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

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

    Single-purpose reverse mortgage – Not as common as a HECM or proprietary reverse mortgage, this is a loan from a state or local government agency or nonprofit. Generally, it’s the least ...

  4. 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.

  5. Reverse Mortgage: How Does It Work? - AOL

    www.aol.com/reverse-mortgage-does-164234216.html

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  6. Thinking About a Reverse Mortgage? Here Are 4 Expert ... - AOL

    www.aol.com/finance/thinking-reverse-mortgage-4...

    A reverse mortgage, or home equity conversion mortgage (HECM), allows homeowners aged 62 and older to convert their home equity into cash without selling their property. Instead of making mortgage ...

  7. Reverse mortgage pros and cons: What every senior should know

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

    Reverse mortgages have gained a reputation thanks to some scams that target unsuspecting seniors. Even legitimate companies have used dishonest marketing to try to get homeowners to take out ...

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