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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...

    To qualify for a reverse mortgage, your home must be a property type that meets all FHA property standards and flood requirements, including: ... Downsizing or selling your home.

  3. 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. ... We were also advised we could sell the home and do a reverse purchase if ...

  4. What Are the Tax Implications of Reverse Mortgages? - AOL

    www.aol.com/tax-implications-reverse-mortgages...

    A reverse mortgage can be a useful way to access the value of your home without having to sell it. This is a form of lending intended for, and typically restricted to, older households.

  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. Pros and Cons of a Reverse Mortgage - AOL

    www.aol.com/pros-cons-reverse-mortgage-210003920...

    There's a lot of misinformation about reverse mortgages -- and Tom Selleck can only answer so many questions in 30-second TV spots for AAG. Reverse mortgages can be a lifeline to seniors who are...

  7. Reverse mortgage requirements - AOL

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

    The loan amount available through a reverse mortgage depends on the age of the borrower (or the age of the youngest spouse when there’s a couple), as well as the home’s appraised value ...

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