how would you say "reverse mortgage"? hipoteca de reverso?
2
votes
A reverse mortgage is one in which you get money from the bank, either in a lump sum or monthly payments. The money is secured by your home, though you still own your home. You can live in the home until you move or die, when the bank takes ownership of the home. A regular mortgage is a loan of money that you must repay to the bank; a reverse mortgage is only repaid when the house is taken by the bank.
4933 views
updated Jun 4, 2013
posted by actnjksn
1 Answer
3
votes
En España se llama "hipoteca inversa", que parece ser que es una adaptación de la forma inglesa.
updated Aug 5, 2011
posted by 00494d19
