A reverse mortgage is a special kind of home loan for senior citizens who are above the age of 60.
Reverse mortgage loans help senior citizens to defer or postpone payment of the home loan till their death or when they sell or
move out just because they have accessed the home equity that has been built up in their houses.
Read detailed article here – http://www.bankexamstoday.com/2016/12/reverse-mortgage-loan-explained-with.html
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