A mortgage product for homeowners who were mortgage-free but who want to borrow money against the value of their home. Commonly used by seniors, no repayment is required until the home is sold or the homeowner dies.
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A mortgage product for homeowners who were mortgage-free but who want to borrow money against the value of their home. Commonly used by seniors, no repayment is required until the home is sold or the homeowner dies.
« Back to Glossary Index