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Arguments for and Against the Reverse Mortgage

The reverse mortgage is a relatively new loan product, compared to conventional loans and FHA loans that have been around for many decades. Since it is so different from a normal mortgage, it went through a few changes to reach its current incarnation.
 
This article hopes to explain the arguments for and against the reverse mortgage and help people make a wise decision for their needs.
Pros and Cons of a Reverse Mortgage

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