One thought on “What can the funds be used for?

  1. Arti says:

    HECMs are typically more expensive than other types of home loans, according to the Consumer Financial Protection Bureau (CFPB). After that, the money can be used however the homeowner chooses. Reverse mortgages have become a soug Reverse mortgages have become a sought-after option as the pandemic has impacted many seniors’ retirement savings, says Jennifer Fraser, director of stakeholder engagement at GreenPath Financial Wellness, a HUD-approved nonprofit financial counseling group. There are three kinds of reverse mortgages: There are three kinds of reverse mortgages: There are three kinds of reverse mortgages: There are three kinds of reverse mortgages: There are three kinds of reverse mortgages: There are three kinds of reverse mortgages: There are three kinds of reverse mortgages: There are three kinds of reverse mortgages: There are three kinds of reverse mortgages: There are three kinds of reverse mortgages: Reverse mortgages have become a sought-after option as the pandemic has impacted many seniors’ retirement savings, says Jennifer Fraser, director of stakeholder engagement at GreenPath Financial Wellness, a HUD-approved nonprofit financial counseling group.

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