We are pleased to share with you our updated reverse mortgage glossary of terms. For those who are new to the reverse mortgage loan process or want to better understand the terminology involved in researching reverse mortgages we hope you will find our new glossary useful.
Within our guide you will find definitions for reverse mortgage loan terms such as London Interbank Offered Rate, Line of Credit, or Non-Recourse Mortgage. Please feel free to save this document and use it as a resource while you research and learn more about how a reverse mortgage works.
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