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JakeRuston's Articles in Mortgage

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  • Reverse Mortgage Purchase Info
    As of early 2009, seniors that are looking to purchase a new home can use a Reverse Mortgage for the financing. A federally insured “Purchase Reverse Mortgage” is a revolutionary way for seniors to purchase Real Estate. Recent changes in legislation allow for seniors to purchase a home with NO monthly mortgage payments. The most popular Reverse Mortgage product is known as the Home Equity Conversion Mortgage, the short version is HECM.
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