Have you heard about a reverse mortgage? Do you know how it works? Well, did you know that you can refinance your existing reverse mortgage? Most people are not aware that you can refinance your existing reverse mortgage to obtain additional cash. Due to FHA's lending limit increases as well as increases to property values in the last year, many FHA reverse mortgage holders can qualify to obtain more cash from their home's equity. The cash is not taxable and can be used for any purpose at all. More importantly, the cash can be secured by the homeowner before the reverse mortgage loan increases to a level where the cash is no longer available.
Find out more about reverse mortgages at:
www.reversemortgagebenefit.com
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