Advertising

Rams reverse annuity mortgages

• Mortgages in which the bank makes a loan for an amount equal to a percentage of the appraisal value of the home. The loan is then paid to the homeowner in the form of an annuity.

 
 

Follow this link for all the terms related to annuitymortgage.

 
 Embedded terms in definition
 Annuity
Appraisal
 
 Related Terms
 

<< Rams Ran >>

What to Know Before Declaring Your Financial Independence: Twenty-somethings may not realize it, but every time they enter a new phase of their life as young adults - perhaps starting college, a career or a family - they're also venturing into a new world of money management. Here are ways to be prepared. More...

Always behave like a duck--keep calm and unruffled on the surface but paddle like the devil underneath. - Jacob Braude

Advertising



Copyright 2009-2018 GVC. All rights reserved.