Reverse Mortgage
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Reverse Mortgage

This forum promotes education about the FHA Guaranteed Home Equity Conversion Mortgage (HECM) and other proprietary reverse mortgage products.


HOME FALLS BELOW LOAN VALUE

Reverse Mortgage :: Reverse Mortgage Basic Information :: Equity Management for Senior Citizens

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HOME FALLS BELOW LOAN VALUE Empty HOME FALLS BELOW LOAN VALUE

Post  Walter Cabe Fri Feb 08, 2008 3:57 pm

In the unlikely event that your home’s value falls below the amount owed on your HECM Reverse Mortgage; you, your heirs and your estate are protected by the Federal Government’s FHA insurance program. Neither you, your heirs nor your estate will ever owe more than your home’s value.

Walter Cabe

Posts : 23
Join date : 2008-01-28

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Reverse Mortgage :: Reverse Mortgage Basic Information :: Equity Management for Senior Citizens

 
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