How Much Money Can You Get From A Reverse Mortgage?

Submitted by Lachlan | October 2, 2021 | Business

A home equity conversion mortgage (HECM), which is also called a reverse mortgage, enables you to access cash for the equity of your otherwise non-liquid asset. You can choose to pay off any existing mortgage or invest the proceeds from a reverse mortgage – there are no rules or restrictions on what you can do with the money.

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Submitted by: Lachlan

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