American Home Reverse, LLC
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Category Archives for Reverse Mortgage Loan for Purchase

Can a Reverse Mortgage Loan Be Used to Purchase a Home?

New Home for Purchase

Absolutely.  A reverse mortgage loan (both FHA insured and proprietary) can be used to purchase a new home. So how does this work?  Well, when you purchase a home with a reverse mortgage loan, you, the borrower, will contribute a percentage of the purchase price of the home.  The remaining funds you need for the purchase […]

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