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Parade: How to Determine if a Reverse Mortgage is Right for a Borrower

Sep 22, 2020By

A Home Equity Conversion Mortgage (HECM) could be a viable choice for a potential borrower who has paid off their existing forward mortgage, and is looking for additional cash flow to fund expenses which may include repairs or healthcare costs. The solution should also make potential borrowers think long-term about associated costs and bequest assets, […]