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Receive tax-free income for life in Florida. We have reverse mortgage loan specialists in Florida ready to answer your call.
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About Reverse Mortgages
Income for seniors is one of the main advantages of a reverse mortgage loan. The other is how the homeowner never gives up the rights to the home and can live in the home for the lifetime of the loan. The Florida real estate market conditions never affect the loan and once the loan is closed the lender is at risk for any depreciation that may occur. The lender makes the payments to the homeowner. This is why the term reverse is used to describe this type of loan.
Consumer Safeguards
Mandated laws have been created in both Florida and the federal government so seniors who purchase a reverse mortgage loan never lose their home. These mandated laws can help reassure seniors that a reverse mortgage loan is safe and a real option. The Home Equity Conversion Mortgage (HECM) is safeguarded by the government. For other reverse mortgage loan products in Florida like those from Fannie Mae the government has defined a set of best practices.
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Prather partners with law office - Sarasota Herald-Tribune
Decline in home prices slows - Atlanta Journal Constitution
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Prather partners with law office - Sarasota Herald-Tribune

Prather partners with law office
Sarasota Herald-Tribune
... was tapped by CNBC's Dennis Kneale to debate Jeffrey Lewis of Generation Mortgage on a June 9 broadcast centered on reverse mortgages.

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