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If I need cash, is a reverse mortgage a good way to get it?

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asked Aug 15, 2012 in Reverse Mortgages by Richard S Inquisitive Expert (6,360 points)
   

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A cash-out is when you refinance your mortgage for more than what you currently owe, The difference between what you owe on your mortgage and the actual amount you refinanced for is, and can be used at the borrower's discretion. Learn more on Cash against Mortgage on the given link: http://homes.yahoo.com/news/take-cash-out-of-mortgage-013950596.html
answered Aug 16, 2013 by lsmith Inquisitive Expert (82,840 points)

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