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Are there different types of reverse mortgages?

  • Listed: August 12, 2022 3:04 pm
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Are there different types of reverse mortgages?

Yes. There are several kinds of reverse mortgage loans: (1) those insured by the Federal Housing Administration (FHA); (2) proprietary reverse mortgage loans that are not FHA-insured; and (3) single-purpose reverse mortgage loans offered by state and local governments.

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Listing ID: 41662f66bd54105a

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