Categorized In: Definitions , Real Estate
Source: Cisco Systems - Glossary (R) | investor.cisco.com
Description: A special type of loan used to convert the equity in a home into cash. The money obtained through a reverse mortgage is usually used to provide seniors with financial
Sep 02 2009, 09:59pm
A reverse mortgage is a loan against your home that you do not have to pay back for as long as you live in your home. ChaCha!