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reverse mortgage

An arrangement in which a homeowner borrows against the equity in his/her home and receives regular monthly tax-free payments from the lender. also called reverse-annuity mortgage or home equity conversion mortgage.

Related information about reverse mortgage:
  1. Reverse mortgage - Wikipedia, the free encyclopedia
    A reverse mortgage is a form of equity release (or lifetime mortgage). It is a loan available to home owners of retirement age, enabling them to access a portion ...
     
  2. Reverse Mortgage > Getting Started
    Maintained by the National Reverse Mortgage Lenders Association, provides information on the reverse mortgage process. Also includes a consumer guide, ...
     
  3. Reverse Mortgages: Get the Facts Before Cashing in on Your ...
    Mar 29, 2011 ... In a “reverse” mortgage, you receive money from the lender, and ... The proceeds of a reverse mortgage generally are tax-free, and many ...
     
  4. Top Ten Things to Know if You're Interested in a Reverse Mortgage ...
    The Home Equity Conversion Mortgage (HECM) is FHA's reverse mortgage program, which enables you to withdraw some of the equity in your home.
     
  5. Reverse Mortgages - Mortgage Rates, Mortgage Debt - AARP
    Read the latest news and articles on reverse mortgages including reverse mortgage financial information, tools, calculators, and advice from financial experts ...
     
  6. Reverse Mortgage: Don't Wait to Start Enjoying Retirement - One ...
    A reverse mortgage can eliminate your mortgage payment. Let One Reverse Mortgage guide you to the right reverse mortgage. Enjoy your retirement. We offer ...
     
  7. Reverse Mortgage Analyst
    This calculator estimates benefits you might receive from the federally-insured " Home Equity Conversion Mortgage" (HECM) reverse mortgage program. In order ...
     
  8. Reverse Mortgage | Reverse Mortgages
    Our reverse mortgage help desk offers expert help and information. Free consumer information on reverse mortgages. Get the facts today!