Thursday, April 07, 2005

Enhancing your retirement years

A reverse mortgage is a retirement enhancing tool

The funds from a reverse mortgage can be used for anything: daily living expenses; home repairs or modifications; health care expenses, including prescription drugs or in-home care; pay-off of existing debts; lifestyle enhancement; vacations; purchase of long term care insurance; and other needs.

There are no income or medical requirements to qualify. You may be eligible for a reverse mortgage even if you still owe money on a first or second mortgage.

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