Jay Collins Senior Loan Officer | NMLS #206214 GA-MLO #27096 Kennesaw – 202603 Bay Equity Home Loans Mortgage Professional Reviews

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HECM reverse mortgage loans are insured by the Federal Housing Administration (FHA) 1 and allow homeowners to convert their home equity into cash with no monthly mortgage payments. 2 After obtaining a reverse mortgage, borrowers must continue to pay property taxes and insurance and maintain the home. Generally, a reverse mortgage loan will not.

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