Friday, June 8, 2012
Retirement Planning with HECM Saver Reverse Mortgages
The HECM (Home Equity Conversion Mortgage) Saver is a relatively new version of the reverse mortgage. Its value is to help with financial planning and its greatest benefit is reduced closing costs. The Saver does not have an upfront mortgage insurance premium and therefore is comparable with closing costs found on traditional mortgages. Here are [...]
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