What You Need to Know About Reverse Mortgage for Purchase

Reverse mortgages are popular lending options for retired homeowners. In 2008, the U.S. Federal Housing Administration (FHA) responded to the housing market crash by allowing lenders to issue reverse mortgages

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What is a Reverse Mortgage and How Do They Work?

Reverse mortgage is a buzzword in the real estate industry that many homeowners don’t really understand. Homeowners in the Kansas City Metro Area are in luck—First Fidelis, a mortgage lender

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Benefits of Reverse Mortgages in Kansas City Include Converting Your Equity Into Cash

A reverse mortgage, also known as a home equity conversion mortgage (HECM), enables individuals in need of money to convert a portion of their home equity into cash without selling

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