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Reverse mortgages are loans that are generally geared towards seniors, which allows you to get a lump sum (or multiple payments) from the remaining equity of your home. There is no obligation to pay back the loan until the house is sold, or the owner dies (or moves into another facility).
1ST Alliance Mortgage is a mortgage company, specializing in reverse mortgages. They are located in the beautiful state, PA, in Shamokin Dam. There are many mortgage companies in PA, but only certain ones handle Reverse Mortgages.
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