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Reverse Mortgages 101

How Do I Locate A Source For A Reverse Mortgage?

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Most Reverse Mortgage loans are issued by HUD as Home Equity Conversion Mortgages (HECM). Fannie Mae and the Financial Freedom Senior Funding Corp. also offer Reverse Mortgages.

If you are interested in a reverse mortgage:

When comparing loans from the two sources, keep in mind that a benefit of a HECM loan is that the line of credit can continue to grow.

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