Another option available to turn home equity into payments

05/3/2013 | U.S. News & World Report

An alternative to reverse mortgages that is seldom marketed offers some of the same advantages and can turn equity in a home into a fixed monthly payment. The government's Home Equity Conversion Mortgage allows eligible owners, who must be at least 62, to stay in their homes as long as they stay current on property taxes and home insurance.

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U.S. News & World Report