Ask Terry Questions Reverse Mortgage

Reverse Mortgage

By Terry Savage on June 12, 2025 | Housing / Real Estate

Would a reverse mortgage be a good way to eliminate a $40000 home mortgage so we wouldn’t have a monthly payment.

Terry Says

First, you really need to understand how Reverse Mortgages work — and the implications.
So please read this. And if it doesn’t answer your questions, feel free to write back.
https://www.terrysavage.com/reverse-mortgages-explained/

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