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Reverse Mortgage Advantages

Advantages of a Reverse Mortgage

Among all types of home equity loans, getting a reverse mortgage comes with certain advantages over other types. A reverse mortgage allows you to to obtain financial flexibility so that you can fully enjoy your retirement years.

A Reverse Mortgage can help you:  

  • Supplement your income

  • Establish a rainy day fund

  • Repay a home equity loan

  • Improve your credit score

  • Pay off high-interest rate credit cards

  • Make or pay off a major purchase

  • Cover costs for in-home care

  • Home improvements

  • Home modifications

  • Pay for healthcare

  • Buy a home

  • Travel

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