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Image 60_Consumer_Myths and Realities
Myth or Reality? The lender owns the home. MYTH. In fact, like all mortgage loans, the HECM loan is
secured by a lien. The lender does not own the home, as long as you meet the loan obligations such as
paying property taxes and homeowners insurance. www.aag.expert/AAG037 www.aag.com/legal-
information/ www.nmlsconsumeraccess.org NMLS ID: 9392 [INSERT LO NMLS#]
