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A reverse mortgage is a home equity loan designed specifically for your needs. It's called a reverse mortgage because unlike a forward mortgage, where you have to make payments, a reverse mortgage pays you. One of the greatest benefits is that you do not have to make loan payments for as long as you live in your home. With a reverse mortgage , you can turn the value of your home into cash! And you do this without having to move or to repay a loan each month. more...

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