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Visit ASIC’s MoneySmart website for more information and reverse mortgage calculators. Want to learn more about reverse mortgages? Visit ASIC’s MoneySmart website for more information and reverse mortgage calculators.. Also keep in mind that if you are the sole owner of the property and.
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A reverse mortgage is a special type of loan which enables homeowners 62 years of age and above to convert part of the equity in their home into tax-free cash without having to sell the home, give up title or take on a new monthly mortgage payment.
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