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Will a HECM Reverse Mortgage Cause Me to Lose Public Assistance?
Will a HECM Reverse Mortgage Cause Me to Lose Public Assistance?

Not unless you manage your affairs carelessly. While eligibility for Medicaid and Supplemental Security Income (SSI) limits liquid assets to $2,000 for an individual and $3,000 for a married couple, it should be relatively easy to draw HECM funds as they are needed, avoiding sizeable asset accumulations. A HECM cr edit line is not counted as a liquid asset.