One of the greatest benefits of a government insured HCEM Reverse Mortgage is that the homeowner does not have to worry about repaying the mortgage during their lifetime. This is possible because once the homeowner continues to live primarily on that property and upholds the terms of the reverse home mortgage, repayment is not required until after the homeowner dies. In the case of a couple, repayment is not required until after the surviving party passes.
To learn more about HECM Reverse Mortgages visit http://www.hecmreversemortgages.com/.
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