英语词汇“reverse mortgage”的英英意思、用法、释义、翻译、读音、例句、短语、词组-英语词典

reverse mortgage

noun chiefly US

A financial agreement in which a homeowner relinquishes equity in their home in exchange for regular payments, typically to supplement retirement income: with the baby boomer generation reaching retirement, the industry will find the perfect product in the reverse mortgage unlike traditional mortgages, which decline as you pay down the loan, reverse mortgages rise over time as interest on the loan accrues...

A growing number of seniors have been taking out reverse mortgages, borrowing from equity in their homes in lieu of monthly payments on a traditional mortgage, to purchase annuity products.
Payments from a reverse mortgage aren't taxable.
If you're contemplating selling your house next year, a reverse mortgage may not be a good idea.

单词	reverse mortgage
释义	reverse mortgage noun chiefly US A financial agreement in which a homeowner relinquishes equity in their home in exchange for regular payments, typically to supplement retirement income: with the baby boomer generation reaching retirement, the industry will find the perfect product in the reverse mortgage unlike traditional mortgages, which decline as you pay down the loan, reverse mortgages rise over time as interest on the loan accrues... A growing number of seniors have been taking out reverse mortgages, borrowing from equity in their homes in lieu of monthly payments on a traditional mortgage, to purchase annuity products. Payments from a reverse mortgage aren't taxable. If you're contemplating selling your house next year, a reverse mortgage may not be a good idea.
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