What Is a Reverse Mortgage?

What Is a Reverse Mortgage?

Is it even daytime TV if you don’t catch an ad or two featuring charming, silver foxes like Tom Selleck, Henry “the Fonz” Winkler, or Joe Namath telling you about the benefits of a reverse mortgage?
The spokesperson may change, but the message rarely does: “You’ve worked hard to pay down or even pay off your mortgage. Now is the time to use the equity in your home to finance the rest of your…

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