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7. You Need to Talk to a Reverse Mortgage Counselor

One of the requirements for getting a reverse mortgage is a session with a certified reverse mortgage counselor. You can find a complete list of certified counselors on the website for the Department of Housing and Urban Development. The counselor you choose should be able to steer you away from the scams. You should also discuss the implications of a reverse mortgage with your estate attorney, your financial planner, or your accountant.

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