Are Reverse Loans At Age 62 A Bad Idea?

April 16, 2012/in Foreclosure & Loan Mod Blog /by Scott Lanin

According to the NY Times, “REVERSE mortgages, once associated mainly with homeowners in their 70s and beyond, are now being taken out by people nearing retirement to help pay off debts and remain financially solvent, a new report shows.” Here is the article.

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Are Reverse Loans At Age 62 A Bad Idea?

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