Reverse mortgage programs were created by government agencies and private lending institutions specifically for senior homeowners, age 62+. They allow borrower(s) to withdraw tax-free money from their home without relinquishing title to the property and without requiring a mandatory monthly repayment.
I am a member of the National Care Planning Council. For more information about this organization, please click on the following link: http://www.longtermcarelink.net/ncpc.htm
posted by slamorea at 7:03 AM
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