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Understanding The Closing Costs of a Reverse Mortgage Loan

A reverse mortgage loan can be an excellent financial resource for retirees. As with any type of financial tool, it is important to have a clear understanding of all of the costs associated, including closing costs and lending fees (finance charges) and applicable interest rates, before proceeding forward. In order to help you understand the […]

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How Important is Asset Allocation to Retirement Security?

In a recent research brief released by the Center for Retirement Research at Boston College, the research team posits that those nearing retirement should worry less about asset allocations and look to other more effective tools including reverse mortgage loans. Investing money wisely is obviously very important, but the fact is that many Americans have […]

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