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It’s less about preserving equity and more about cash flow
With millions of first-time homebuyers finding few suitable housing options and tenants enduring the ravages of rent hikes, some are sitting on a mountain of home equity whilst needing a significant boost to their monthly cash flow.
HECM is an important part of HUD providing housing stability- MMI fund may show marked improvement
How To Avoid Reverse Mortgage Lending Traps