Rate Assumptions – Rates displayed are subject to change and assumes that you are buying or refinancing an owner-occupied single family home, debt-to-income ratios of 35% or lower, asset and reserve requirements are met, and your property has a loan-to-value of 80% or less.
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Here’s a recap: Myth #1: Reverse mortgages have hidden risks that can cost you your home. To get a reverse mortgage, a borrower must pay their property taxes and homeowner. thereby reducing the.
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