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Reverse Mortgages for California Homeowners 62 and Older

Who May Qualify
(When Are Reserves Required?)

While many single-family home buyers purchasing primary residences with strong credit do not need reserves, underwriters require or heavily weight them in these situations:

What It Costs

There is no direct fee or added loan cost for mortgage reserves. It is cash or liquid assets you keep in your own financial accounts after closing.

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