reverse mortgage

collocation in English

meaningsofreverseandmortgage

These words are often used together. Click on the links below to explore the meanings. Or,see other collocations withmortgage.
reverse
adjective[before noun]
uk
/rɪˈvɜːs/us
/rɪˈvɝːs/
opposite to what has just happened, or to what is usual ...
See more atreverse
mortgage
noun[C]
uk
/ˈmɔː.ɡɪdʒ/us
/ˈmɔːr.ɡɪdʒ/
an agreement that allows you to borrow money from a bank or similar organization, especially in order to buy a house, or the amount of ...
See more atmortgage

(Definition ofreverseandmortgagefrom theCambridge English Dictionary© Cambridge University Press)

Examplesofreverse mortgage

These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
A lapse in either taxes or insurance could result in a default on thereversemortgage.
From
Wikipedia
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The money received from areversemortgageis considered a loan advance.
From
Wikipedia
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In addition, any mortgage on the property must be low enough that it will be paid off with thereversemortgageproceeds.
From
Wikipedia
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The cost of getting areversemortgagefrom a private sector lender may exceed the costs of other types of mortgage or equity conversion loans.
From
Wikipedia
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Once thereversemortgageis established, there are no restrictions on how the funds are used.
From
Wikipedia
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In areversemortgage, a homeowner is not required to make monthly payments.
From
Wikipedia
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Prior to 2007, all majorreversemortgageprograms had adjustable interest rates.
From
Wikipedia
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Regulators and academics have given mixed commentary on thereversemortgagemarket.
From
Wikipedia
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Money received in areversemortgageis an advance and is not taxable income.
From
Wikipedia
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Depending on the program, thereversemortgagemay be transferable to a different property if the owner moves.
From
Wikipedia
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Specific rules forreversemortgagetransactions vary depending on the laws of the jurisdiction.
From
Wikipedia
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Areversemortgagehappens when a homeowner, usually a retired person, sells some or all of his equity in his home and retains the right to live there.
From
Wikipedia
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Unlocking equity with reverse mortgages.
From theCambridge English Corpus
Future research should focus on the ' asset rich, cash poor ' phenomenon and the possible option of using reverse mortgages to finance retirement needs of the elderly.
From theCambridge English Corpus
Graves appeared in a national commercial in which he marketed reverse mortgages.
From
Wikipedia
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These arrangements are variously called reverse mortgages, lifetime mortgages or "equity release mortgages" (referring to home equity), depending on the country.
From
Wikipedia
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Adjustable rate reverse mortgages are typically adjusted on a monthly or annual rate up to a maximum rate.
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Wikipedia
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The company also offers hybrid policies that combine long term care benefits with features of annuities and life insurance; long term care education; and reverse mortgages.
From
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
Want to learn more?
Go to the definition ofreverse
Go to the definition ofmortgage
See other collocations withmortgage