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What is a reverse mortgage loan Things To Know Before You Buy

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If the reverse mortgage contract ends as well as the borrower's dwelling is sold, the lender will obtain the proceeds of the sale and the borrower cannot be held answerable for any personal debt in surplus of the (other than in specific circumstances, for example fraud or misrepresentation). Now it's http://titusylyjv.getblogs.net/4953810/indicators-on-what-s-a-reverse-mortgage-you-should-know

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