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aces4battle aces4battle 46-50, M 8 Answers Sep 16, 2010

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A reverse mortgage pulls the equity out of your home for other expenses. Sort of like a loan but more complicated. I think you need to be considered a senior. If you choose to do it, when you die your spouse or dependents must move because the lender becomes the owner of the property, therefore it can't be sold.

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