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Reverse Mortgages

Couple talking with man about reverse mortgage

Biggest Reverse Mortgage Mistakes

Before you take out a reverse mortgage on your home, make sure you’re not committing one of these common but costly mistakes. Read More

Progress	K
Effort	Low 1 hr (HECM counseling)
Investment	Med $6,000 (max origination fee)

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Alternatives to a Reverse Mortgage

Before you succumb to the temptation to tap into your home equity with a reverse mortgage, consider some of the alternatives available to seniors. Read More

Progress	$ K
Save Money	High $10,000 (in upfront costs)
Effort	Low 1-2 days
Investment	Med $3,000 (plus REX profit cut)

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Is a Reverse Mortgage Right for You?

A reverse mortgage is a tempting route to take for cash-strapped seniors who own their homes, but this road to riches can be curvy. Read More

Progress	K
Effort	Low 1 hr (counseling)
Investment	Med $6,000 (max origination fee)

2Comments

Budget for these common costs of owning a home:

Find out if it makes sense to refinance your mortgage

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Current Loan Information