There are a lot of options for people who are seeking financing for major expenses, or even just living expenses as they get older. This is especially true for senior homeowners who have a lot of equity in their homes. One of these options is a reverse mortgage.
  
WHAT IS A REVERSE MORTGAGE?
A reverse mortgage is [...]

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A reverse mortgage is a program for seniors that provide seniors with financial security and independence.   This loan works differently than the traditional forward mortgage that you are used to.  Instead of you paying your lender monthly payments, the lender pays you to live in your home.   The cash paid to you is tax-free and [...]

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A reverse mortgage is a loan that allows seniors to supplement their income by enabling Florida residents to borrow the equity from their home. Instead of you paying your lender regular monthly payments as you may have done over the years with a traditional forward mortgage, a reverse mortgage works in the opposite manner. With [...]

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INTRODUCTION TO HOME KEEPER MORTGAGE
When you took out a home mortgage, you paid your mortgage lender the down payment and then proceeded to pay your monthly amortization.  Through regular amortization, you have been able to steadily build up your home equity (the part of the value of your home that you own).
 
The moment amortization is [...]

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ELIGIBILITY REQUIREMENTS
With a Home Keeper Loan, you can get a monthly check as a supplement to your income just for owning and living in your house! The basic requirements to obtain this reverse mortgage loan requires that the borrower(s):

Is at least 62 years old
Own and lives in the home as their primary residence
Consults with an [...]

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