Home A-Loan The Lowdown on Reverse Mortgages By Cooperator Staff 2004 Jul Finance "¢ Borrower must be age 62 or older "¢ No monthly payment is required "¢ Must obtain co-op board approval in most cases "¢ Proceeds can be used for any purpose "¢ No financial reports, credit history or medical reports required Read More... Share Twitter Facebook Pinterest LinkedIn Tumblr Email Related Articles Study: Most New Yorkers Are Shut Out of Buying a Home Real Estate Investors and High Home Prices Are to Blame, Says Report The Appraisal Process Knowing Your Worth Paying off Underlying Mortgages The Pros & Cons
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