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<blockquote data-quote="MaddSkillz" data-source="post: 1328297" data-attributes="member: 1159">I wish I could tell you... But you know how our government is.&nbsp; They suck at budgeting and spending and all that junk.No payments are required on a RM.&nbsp; RM&#039;s can be done homes that do have payments.&nbsp; Let&#039;s say you owe $25k on your current mortgage... An RM (based on your age and the appraised value of the home) will give you $50k.&nbsp; $25k immediately goes to pay off that mortgage and you can do with the rest of the $25k as you please.&nbsp; Put it in the growing line of credit (which grows at a .5 point higher than the RM was done at) and never touch it and it goes back into the estate when you die or move.I&#039;m trying, but I&#039;m getting hounded from all angles here!&nbsp; <img src="/images/smilies/smile.png"&nbsp; class="smilie" loading="lazy" alt=":)" title="Smile&nbsp; &nbsp; :)" data-shortname=":)" /></blockquote>

[QUOTE="MaddSkillz, post: 1328297, member: 1159"] I wish I could tell you... But you know how our government is. They suck at budgeting and spending and all that junk. No payments are required on a RM. RM's can be done homes that do have payments. Let's say you owe $25k on your current mortgage... An RM (based on your age and the appraised value of the home) will give you $50k. $25k immediately goes to pay off that mortgage and you can do with the rest of the $25k as you please. Put it in the growing line of credit (which grows at a .5 point higher than the RM was done at) and never touch it and it goes back into the estate when you die or move. I'm trying, but I'm getting hounded from all angles here! :) [/QUOTE]

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