How Do “reverse mortgages” work? 798 viewsJanuary 3, 2024 Question91.06K January 21, 2020 0 Comments How Do “reverse mortgages” work? In: Economics 4 Answers ActiveNewestOldest Anonymous Posted January 21, 2020 0 Comments Some elderly person owns a house but needs cash for living expenses… so they get a “reverse mortgage”, and each month they get a check. That amount plus interest is to be paid upon person’s death or sale of home to the lender. You are viewing 1 out of 4 answers, click here to view all answers. Register or Login
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