Reverse Mortgage or Home Equity Loan? 8 Surprising Differences You Must Know

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 Explore the key differences to choose the best option for unlocking your home’s value and achieving your financial goals. 

Understanding the distinctions between a reverse mortgage and a home equity loan can help you make an informed decision about leveraging your home’s value. Both are tools for accessing your home equity but cater to different needs and financial situations. Here’s a breakdown of eight key differences to guide you in choosing the best option.

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