Release Date:- 2009-03-01
Availability:- In Stock
Kind:- ebook
I. INTRODUCTION A reverse mortgage allows a homeowner to withdraw the equity in her home in the form of a loan with a balance that increases rather than decreases over time. (1) Generally, the homeowner is not required to repay the loan until the home is sold. (2) While this product can be beneficial for homeowners who have substantial home equity but insufficient income, this product has many drawbacks. (3)
