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    HECM Rainier Oregon – (Reverse Mortgage Loans)

    What You Need To Know About Getting A HECM in Rainier Including, Options, Costs, Requirements and Getting The Best Deal The HECM program enables elderly homeowners in Rainier Oregon to withdraw some of the equity in their home in the form of monthly payments for life or a fixed term, or in a lump sum, or through a line of credit. This reverse mortgage program allows families to stay in their home while using some of its equity. The total income that an owner can receive through the program is the maximum claim amount, which is calculated with a formula including the age of the owner, the interest rate, and…

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