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The Street: How Voluntary Reverse Mortgage Interest Payments Impact the Loan

Aug 31, 2020By

If a borrower elects to make voluntary payments on a reverse mortgage’s interest to manage its compounding, there can be positive tax benefits for the borrower who is seeking to manage their retirement finances by the use of home equity through a reverse mortgage. This is according to Shelley Giordano, co-founder of the Academy for […]