what does reverse mortgage means?

4 Answers

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  • 1 decade ago
    Best Answer

    It's basically borrowing against the equity of your home.

    Of all the ways people can get money when they're older, it is usually the least recommended, except by those selling reverse mortgages.

  • Anonymous
    1 decade ago

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  • Anonymous
    1 decade ago

    Not good way to good if your not a elderly person..call my guy Michael A. Deery 858.442.2686 or 858.200.9602

    http://www.citywidefinancialcorp.com

  • Warren
    Lv 6
    1 decade ago

    I agree with responder No. 1.

    One is tempted to make an off-color joke here about who's getting ..................

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