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How Reverse Mortgages Work (And Why the Bank Doesn’t “Take” Your Home) | EP 78
Your home isn’t just where your memories live, it may be the missing piece in your retirement plan.
In this episode of Make It Personal, we unpack the reverse mortgage reality and explain how a reverse mortgage can help eligible homeowners 62 and older access home equity for retirement income without selling the house or moving out. If you’ve ever heard “the bank takes your home” or that reverse mortgages are a last resort, this conversation clears up the biggest myths and gives you the real mechanics behind today’s federally regulated options like the HECM reverse mortgage. You’ll learn how…
The skinny
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