Interesting article about reverse mortgages
Here's an interesting article I formatted, posted and mailed out this week as part of the free BrokerUniverse newsletter.
http://brokeruniverse.com/subprime/?story_id=95
It's about reverse mortgages, but not your standard reverse mortgages which are used as a kind of refinance option to keep the senior in their home. This one is designed for purchases instead. If you're a broker you may wish to look into this. If you're a senior you may wish to consult your broker about this option.
- georgiana's blog
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