Posted by Liberty ReverseMortgage 11 months ago In:

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How can I use the proceeds from a reverse mortgage?

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Hi, Call me to discuss. Brian, Metlife - 754-234-9559

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The benefit of reverse mortgages is that they allow seniors to get extra tax free income. So, no, you will not have to pay taxes on the money you get from the reverse mortgage. http://www.articleinsider.com/mortgage/massachusetts-mortgages/reverse-mortgages

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