Reverse Mortgage Safeguard #6 - No Prepayment Penalty
🎞️ · 12.07.2023 · 18:16:27 ··· MiTTwoch ⭐ 0 🎬 0
📺 Reverse Mortgage Group
🎬 · 12.07.2023 · 18:16:27 ··· MiTTwoch
😎 · 03.07.2024 · 15:40:29 ··· MiTTwoch
There is no prepayment penalty with a reverse mortgage. Reverse mortgage loans are not typically due and payable until the senior permanently moves out of the home. It can, however, be paid off at any point with no additional costs or fees. A borrower can also refinance a reverse mortgage, into another reverse mortgage, or any other type of mortgage loan.
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· 12.07.2023 · 18:16:27 ··· MiTTwoch
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