What do Loan Officers Get from Reverse Mortgages? Reverse Mortgages have experienced significant popularity since their inception in the U.S. in 1988. This program is designed to help people of retirement age, generally 62 or older, to stop making mortgage payments and instead receive payments that come from the equity they’ve built in their homes. When retirement funds are short, people have options. It’s a great way for seniors to make ends meet if they’re in a pickle, or if they simply want to capitalize now on the equity they’ve built in their home. However, there are a lot of...

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