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About Linda Lewis

Reverse Mortgages are HUD-regulated and FHA-insured loans created to help folks age in place. It basically pays you for the equity in your home; credit and income are not qualification factors; there are no monthly mortgage payments. Requirements: Minimum age is 62; must have enough equity to pay off any existing liens. Best of all: You cannot owe more than the home is worth; sales proceeds are used to pay off the loan. See MoreRead Less

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