Multiple Choice
Before you get a reverse mortgage of any kind,consider that:
A) there are origination fees,closing costs,servicing fees,and mortgage insurance premiums
B) interest rates may change over the life of the mortgage
C) you are still responsible for property taxes,insurance,utilities,and maintenance expenses
D) you may leave fewer or no assets for your heirs
E) All of these should be considered.
Correct Answer:
Verified
Correct Answer:
Verified
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