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The Rex Agreement is a way for homeowners to get cash from their home without monthly payments or interest.
The Rex Agreement is not a loan, it is not a reverse mortgage, and in fact it is not debt of any kind. It is a real estate option agreement that enables you to convert a portion of your home equity into immediate cash. The cash you receive from FirstREX is not debt, so there is no interest, and you make no monthly payments to FirstREX - ever.
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