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reverse mortgage

reverse mortgage

loan to homeowners age 62+ not requiring ongoing cash repayment besides property charges

en-GB/ɹɪˈvɜːs ˈmɔːɡɪd͡ʒ/

en-US/ɹɪˈvɝs ˈmɔɹɡəd͡ʒ/

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mortgage loan loan agreement