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Reverse Mortgage Explained: How It Works and Who May Benefit

by suprememarketing | Oct 23, 2024 | Home Loans, Homeowners

A reverse mortgage* is a unique loan designed to help eligible homeowners and homebuyers aged 62 or older convert some of their home equity into cash. This program may offer greater flexibility and financial independence, especially for those entering retirement....

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For those customers who reside in the state of New York, a borrower may file complaints about the Servicer with the New York State Department of Financial Services or may obtain further information by calling the Department’s consumer Help Unit at 1-800-342-3736 or by visiting the Department’s website at www.dfs.ny.gov. Everett Financial Inc. dba Supreme Lending is registered with the New York Superintendent of Financial Services. Registered Mortgage Banker – NYS Department of Financial Service

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