Tip - How to Become a Reverse Mortgage Counselor | eHow

Published  | Submitted by jamie lyon
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Reverse mortgages (HECM Home Equity Conversion Mortgage) provide retired borrowers receiving social security a mortgage option that uses the equity in their home to pay them each month without requiring a mortgage payment. FHA controls and insures this complicated program. FHA guarantees borrowers will never face foreclosure or be required to make...

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Posted: 9 years, 3 month(s) ago

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