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Reverse Mortgage

Latest Posts

Illinois Helps Seniors Avoid Reverse Mortgage Defaults 

Apr 09, 2017By

Thanks to a new program, Illinois homeowners in danger of tax-and-insurance defaults on reverse mortgages could receive substantial help from the state’s top housing agency. The Illinois Housing Development Authority launched its Reverse Mortgage Assistance Program this week, promising up to $35,000 in federal funding to residents with overdue property taxes and insurance payments. “There is […]