What to know about the new jumbo reverse mortgages

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  • What to know about the new jumbo reverse mortgages
    What to know about the new jumbo reverse mortgages

    Lenders are looking to homeowners with property values higher than $700,000 who weren’t prime candidates for reverse mortgages in the past. The reverse mortgage market has been in a state of flux ever since the U.S. government in 2017 reduced the amount borrowers age 62 and older can draw […]

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