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The investor demand have risen towards these loans, because the opposite mortgages have an mortgage insurances, which guarantee that lenders will always get london plus the incurred costs back.
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The rules vary between states. Generally speaking we can say, how the older the borrower is, the higher is the appraised value of the home and minimized is the interest rate, the he or she can get. However, the absolute maximum is $ 625.000.
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