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 what a reverse mortgage is NOT|What a reverse mortgage is: A helpful tool for financial planning and flexibility in the golden years. There are only a very few requirements for eligibility. The borrower should own and live in the household as a primary residence and be 62 years of age or older. If husband and wife are both on the title, both must be greater than the age of 62. However, visit the Reverse Mortgage Age Requirements to find out more information on this particular fact.
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