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It's important to carefully consider the terms and implications of a Reverse Mortgage Explained before proceeding, as there may be fees and impacts on inheritance.<br><br>For more information, visit here: https://worthingtonmortgage.com/refinance/
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Reverse Mortgage Explained A Reverse Mortgage Explained is a type of loan available to homeowners, usually retirees, that allows them to convert a portion of their home equity into cash. Unlike a traditional mortgage where the borrower makes monthly payments to the lender, in a reverse mortgage, the lender makes payments to the homeowner. The loan is typically repaid when the homeowner sells the property, moves out, or passes away. It's important to carefully consider the terms and implications of a Reverse Mortgage Explained before proceeding, as there may be fees and impacts on inheritance.
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