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2. How do you pay back a reverse mortgage? - AOL

   www.aol.com/finance/pay-back-reverse-mortgage...

   How long do heirs have to pay off a reverse mortgage? The lender will typically provide the heirs with repayment options, after which they’ll have 30 days to make a decision.

3. Reverse Mortgage, Home Equity Loan or Refinance? The ... - AOL

   www.aol.com/finance/reverse-mortgage-home-equity...

   Home equity is a valuable financial resource.By definition, it’s the difference between your home’s value and how much you owe on your mortgage. For example, if your home is worth $500,000 and ...

4. What is a reverse mortgage? How it works, who it’s best for ...

   www.aol.com/finance/what-is-a-reverse-mortgage...

   However, you should carefully consider your long-term financial goals and how a reverse mortgage might affect your estate plans and heirs before going down this route. Dig deeper: 6 ways to get ...

5. Reverse mortgage pros and cons: What every senior should know

   www.aol.com/finance/reverse-mortgage-pros-cons...

   Key takeaways If you’re a homeowner aged 62 or older, a reverse mortgage can help you obtain tax-free income, allowing you to stay in your home, pay bills, supplement your income and more.

6. Reverse mortgage requirements - AOL

   www.aol.com/finance/reverse-mortgage...

   Reverse mortgages come with age, residency, equity and debt guidelines the borrower must meet to get approved. If you don’t qualify for a reverse mortgage, a home equity loan, cash-out refinance ...

7. Reverse mortgage: What it is and how it works - AOL

   www.aol.com/finance/reverse-mortgage-works...

   The right of rescission allows you to cancel most reverse mortgages without penalty as long as you make the request in writing within three days of closing and send it to your lender via certified ...