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Reverse mortgages an option for struggling borrowers: Heartland

Thursday 20th of August 2020
After the Government extended its mortgage deferral scheme for hard-up borrowers to March 31 this week, home loan customers can opt to pause payments on interest or principal payments with their bank. Yet reverse mortgage specialist Heartland says brokers should also consider equity release products as they weigh up their options.
Ford believes reverse mortgages could prove a better opt...
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