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Pinnacle Mortgage on Common Myths about Reverse Mortgages – LIVING WELL Magazine

Common Myths about Reverse Mortgages

By Carl Benefield, Northshore & New Orleans LIVING WELL Magazines
A reverse mortgage enables homeowners 62 and older to convert part of the equity in their homes into cash without having to sell the home, give up title, or take on a new monthly mortgage payment. The homeowner continues to pay insurance and taxes, live in and maintain the home. […]