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The following are true about Home Equity Conversion Mortgages (HECMs), except:
The following are reasons why the Standby Reverse Mortgage Strategy is appealing, except:
The following are true about a HECM Line of Credit, except:
The following are HECM strategies used today, except:
Which of the following is an appropriate option for the heirs of a property with a HECM to consider if the debt value is greater than the home value?