Homeowners will still be liable for insurance plan, home taxes, and upkeep; on the other hand, loan repayment is deferred until the homeowner no longer lives in the house. Since month to month mortgage payments are not essential,three seniors generally use their reverse mortgage funds as cash flow tax-free1 cash. https://loanamortization44444.webdesign96.com/29311895/facts-about-loan-line-of-credit-revealed