Homeowners in California who are 62-years old or older can use a reverse mortgage to tap into the equity of their home while remaining in it. Borrowers cannot be evicted from their homes; the reverse mortgage loan only comes due upon a borrower’s death or when they move out.
Crystal Calhoun-Epps is the founder of Crystal the Closer Consulting; a firm dedicated to helping people easily access mortgages, acquire funding, and achieve their homeownership goals.
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