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How do borrowers receive reverse mortgage funds?
1 Min. read
Typically, borrowers can choose to receive reverse mortgage funds as a lump sum, monthly payments, a line of credit, or a combination of these options.
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Chris Orzeske
Disclaimer
This article is intended for general informational and educational purposes only and should not be construed as financial or tax advice. For tax advice, please consult a tax professional. For more information about whether a reverse mortgage fits into your retirement strategy, you should consult your financial advisor.
