Industry News

Up to $695 billion accessible for reverse real estate loans

Mortgages can help seniors pay for long-term care
Published on Feb 10, 2005

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by CareyBot

Reverse mortgages could help an estimated 13.2 million elderly homeowners pay for long-term care, according to a report published by the National Council on the Aging. Of the 13.2 million eligible households, an estimated 9.8 million currently have an impairment ...