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ingazi on Apr 22, 2013 Sign in to report as inappropriate
A Reverse Mortgage is a non-recourse loan, which means the repayment amount cannot exceed the value of the home. The loan typically does not have to be repaid until the borrower passes away, sells the house or permanently moves out. http://www.reversemortgagelendersdirect.com/reverse-mortgage-information/ http://www.reversemortgagelendersdirect.com/reverse-mortgage-calculator/ http://www.reversemortgagelendersdirect.com/reverse-mortgages-pros-and-cons/ http://www.reversemortgagelendersdirect.com/reverse-mortgage-disadvantages/