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Tapping Home Equity

There are many ways to tap the equity you have built in your home.  Our preference would be to preserve this asset as a retirement resource of last resort; but the reality is that many will be forced to use it to get by.

 Examples of ways to access home equity include:

  • Reverse Mortgage, including Single-Purpose Loans
  • Home Equity Line of Credit
  • Downsizing

 

NOTE: Those who retire with significant mortgage debt may not have access to this financial lifeline.


 <NEXT: Common Reasons to Tap Home Equity>

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