Question: In a reverse mortgage, the borrower a . makes smaller interest payments in the last years of the loan. b . pays only interest, not
In a reverse mortgage, the borrower
a makes smaller interest payments in the last years of the loan.
b pays only interest, not principle, for the years of the loan.
c makes a lump sum payment to pay off the loan.
d increases indebtness while drawing down the equity in the home.
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