Reverse mortgage: is it right for you?

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A fairly new financial product on the market, the reverse mortgage is a way to borrow against the value of your home, after you’ve paid the majority of the original loan value down. Reverse mortgages have gotten a bad rap with some financial advisers, but mortgage lender Rick Greene, with Gulf Coast Bank (pictured below) spends some time with Kevin & Bill clarifying what today’s reverse mortgages have to offer. Click to hear…

 

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