Description

Book Synopsis
A reverse mortgage is a special type of home loan for older homeowners that requires no monthly mortgage payments. Borrowers are still responsible for property taxes and homeowner''s insurance. Reverse mortgages allow seniors to access the equity they have built up in their homes now, and defer payments of the loan until they die, sell, or move out of the home. The original purpose envisioned for reverse mortgages was to convert home equity into cash that borrowers could use to help meet expenses in retirement. Borrowers could choose between an income stream for everyday expenses, a line of credit for major expenses (such as home repairs and medical expenses), or a combination of the two. This book examines the changes that have taken place in the marketplace and in the consumers who use reverse mortgages, with a focus on consumer protection concerns.

Reverse Mortgages: Elements, Considerations &

    Product form

    £206.24

    Includes FREE delivery

    RRP £274.99 – you save £68.75 (25%)

    Order before 4pm today for delivery by Tue 23 Jun 2026.

    A Hardback by Meghan Galloway, Richard Kantor

    2 in stock

      Trusted by thousands of customers. See 2,385+ Customer Reviews

      View other formats and editions of Reverse Mortgages: Elements, Considerations & by Meghan Galloway

      Publisher: Nova Science Publishers Inc
      Publication Date: 12/04/2013
      ISBN13: 9781622579655, 978-1622579655
      ISBN10: 1622579658
      Also in:
      Economics Housing and homelessness

      Description

      Book Synopsis
      A reverse mortgage is a special type of home loan for older homeowners that requires no monthly mortgage payments. Borrowers are still responsible for property taxes and homeowner''s insurance. Reverse mortgages allow seniors to access the equity they have built up in their homes now, and defer payments of the loan until they die, sell, or move out of the home. The original purpose envisioned for reverse mortgages was to convert home equity into cash that borrowers could use to help meet expenses in retirement. Borrowers could choose between an income stream for everyday expenses, a line of credit for major expenses (such as home repairs and medical expenses), or a combination of the two. This book examines the changes that have taken place in the marketplace and in the consumers who use reverse mortgages, with a focus on consumer protection concerns.

      Recently viewed products

      © 2026 Book Curl

        • American Express
        • Apple Pay
        • Diners Club
        • Discover
        • Google Pay
        • Maestro
        • Mastercard
        • PayPal
        • Shop Pay
        • Union Pay
        • Visa

        Login

        Forgot your password?

        Don't have an account yet?
        Create account