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Reverse Mortgages at South Shore Savings Bank
A reverse home mortgage is a loan for seniors. If you are a homeowner, and at least 62 years or older, you may be eligible to tap the equity in your house and receive the proceeds in cash. Best of all, your house stays in your name and no repayment is required until the home is sold.
Learn the Facts:
- Keep ownership of your house
- Use the cash proceeds for any purpose
- Receive the cash in one immediate lump sum or through fixed monthly cash advances
- A line of credit makes cash available upon request of the homeowner.
The equity in your home could be an untapped financial resource for you right now!
To learn more call our Reverse Mortgage Account Executives, Cindy Bovaird or Vicki Barbieri at 781-337-3000. They will be able to answer your questions and provide more details about our Reverse Mortgages.
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