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Tag: tax penalty

Here is Why Reverse Mortgages May Be on the Rise

Posted on December 16, 2022December 16, 2022 by DT

A rise in withdrawals from retirement accounts might herald the potential for reverse lenders. As inflation strains budgets, Seniors are starting to contemplate reverse mortgages. People 62 and older can convert part of their equity in their homes into cash with a reverse mortgage.

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