Question: A 62-year-old widow is experiencing difficulty paying her bills. Her homestead is paid for, but she still pays property taxes and insurance, as well
A 62-year-old widow is experiencing difficulty paying her bills. Her homestead is paid for, but she still pays property taxes and insurance, as well as other obligations on her home. She would like to stay in her home and maintain her lifestyle. She could receive income through the equity in her home by getting an FHA OA) extended policy loan. OB) Senior Housing Cooperative loan. OC) Good Neighbor Next Door mortgage. OD) reverse mortgage.
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