Reverse Mortgage Loan?

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If any company wants to merge Reverse Mortgage and Pension together, then what will be procedure for it ? Means after the end of tenure period for Reverse Mortgage Loan, if borrower outlives then he should get pension.

2 Comments
  1. Reply
    catnipcraze
    May 2, 2011 at 8:24 am

    YES, YOUR CONCEPT IS CORRECT.

  2. Reply
    Tracy
    May 2, 2011 at 8:53 am

    I think you gotto study a bit more on what Reverse Loans exactly are. Although the concept that you think is appropriate to soe extent , but there are still a few fundamentals that you have to consider whilst considering a REVERSE LOAN.
    Now that could be a Mortgage , Personal loan etc..
    There a many sites available which can boost this knowledge of yours.I think your thinking and concept is exceptionally well , its just that you need to be abreast to the new laws.
    For you I can suggest :

    http://www.reverseloancontract.com

    and ….well i dnt remember the second site , but the above one will surely prove useful to you..

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