Reverse home mortgages, which allow property owners 62 and older to borrow money versus the worth of their residences-- money that need not be paid back up until they vacate or pass away-- have actually long positioned downfalls for more mature customers.
What should you do if you don't have 20% down to buy a home, and you want to avoid monthly private mortgage insurance payments? Here are your options....4 Ways to Cut This Cost From Your Mortgage Payment
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