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Reverse Mortgages Magazine COVER Page

Reverse Mortgages Magazine

 
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Counselling: An Imperative Step In The Reverse Mortgage Process
Taking out a reverse mortgage is a major decision, since you are putting the equity of your primary residence at stake. One of the most important things you need to do is to attend a reverse mortgage counselling seminar. This seminar is organized to enlighten the prospective borrower’s understanding about reverse mortgage. Similar to most financial transactions, reverse mortgage is hounded by myths and uneducated opinion that affect its popularity. Technically, the seminar should discuss all the options available to the borrower such as social security and housing, however, if you are bent on seeking reverse mortgage assistance, they can provide complete information.

The Benefits Of Reverse Mortgage
As with other financial transaction, reverse mortgage has its own share of urban legends and myths that aim to discourage prospective borrowers from proceeding with their application. These common misconceptions dare to overshadow the benefits of taking out this kind of mortgage. But let us zero in on the benefits of reverse mortgage.

Reverse Mortgages: The What, The Who And The How
There are different types of loan in the market. One of which is what we call reverse mortgage. Some people might think that this is similar to a traditional mortgage or home loan. The only similarity is that both are loans against a borrower's home. To understand this type of loan further, let us first discuss what a reverse mortgage really is.


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Reverse Mortgages Magazine COVER PAGE Issue V-314


Reverse Mortgages Magazine COVER Page

Reverse Mortgages Magazine

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