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Here are some benefits to using a reverse mortgage
1
If you live in and maintain your home, and pay taxes and insurance, you will not be required to make monthly payments.
2
A reverse mortgage can be used to turn a portion of your home's equity into cash that can be used for a variety purposes.
3
It can provide the financial flexibility to pay for long-term care insurance without losing your home.
4
By using a reverse mortgage to pay for health insurance before Medicare kicks in, you can retire early without fear of affording care.
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