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Basic Reverse Mortgage FAQ

A reverse mortgage is a loan against your house that you don't have to repay for as long as you live there. It can be paid to you all at the same time, as a regular monthly advance, or at times and in amounts that you select. You pay the cash back and interest when you die, sell your house, or permanently move out of your house.

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This entry was posted on Friday, July 10th, 2009 at 12:05 pm and is filed under Home Equity Loan Articles. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.


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