It is your home that secures your debt in a mortgage as well as a second mortgage. Mortgage lenders are always on the lookout for new ways to earn more money from homeowners and they are often financially creative. A reverse mortgage for example is not a sale. This type of mortgage is just compounded each year, with the interest rolled up into the capital. It can be regarded as a problem that the debt increases each year that the mortgage is open. On the other hand you can use and enjoy the funds you otherwise should have tied in your house.
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