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Nearly One-Fifth of Seniors Don’t Know What a Reverse Mortgage Is [UPDATED] – Just under 20% of seniors who responded to a recent survey were unaware of reverse mortgages – despite showing an overwhelming desire to stay in their homes and potentially make renovations into old.
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Reverse Mortgage – Mortgages – Home Refinance in Florida – Reverse Mortgage Requirements. There are certain requirements you must meet in order to be eligible for a reverse mortgage: You must be at least 62 years old. The home must be your primary residence. You must have paid off most, or all, of your traditional mortgage. READ MORE
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