With a reverse mortgage, there are no monthly payments. Instead, the equity of the home is used as a loan to the homeowner that is expected to eventually be repaid by the sale of the home.
Senior Advisor2018-03-19T21:01:05+00:00
With a reverse mortgage, there are no monthly payments. Instead, the equity of the home is used as a loan to the homeowner that is expected to eventually be repaid by the sale of the home.