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July 28, 2006

Boomers Discover Reverse

As retirement looms in the not too distant future, aging baby boomers are looking for ways to tap equity in their primary residence to finance their golden years. Reverse mortgages have been around about ten years, but only in the last three have they gained prominence. A Reverse Annuity Mortgage or RAM allows those 62 years old and older who own their home, to tap equity, but not sell the

From Boomers Discover Reverse

Posted by Greg at July 28, 2006 02:37 PM