Meaning Reverse-annuity mortgages
What does Reverse-annuity mortgages mean? Here you find 2 meanings of the word Reverse-annuity mortgages. You can also add a definition of Reverse-annuity mortgages yourself
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Reverse-annuity mortgagesBank loan for an amount equal to a percentage of the appraisal value of the home. The loan is then paid to the homeowner in the form of an annuity.
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Reverse-annuity mortgagesBank loan for an amount equal to a percentage of the appraisal value of the home. The loan is then paid to the homeowner in the form of an annuity.
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