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Using a Reverse Mortgage to BUY a Home?


Most of us are familiar with the concept of using a reverse mortgage to extract equity from our existing home to help pay for daily living expenses or just make life more enjoyable and comfortable.  But did you know that you may be able to use a reverse mortgage to help BUY your dream home on Cape Cod? Consider the following example.  You and your spouse, both age 62 or over, have just sold your primary … Read more…