reverse mortgage loan repayment: When Does a Reverse Mortgage Have to Be Repaid? - 08/30/13 01:27 AM
When Does a Reverse Mortgage Have to Be Repaid?
A reverse mortgage is a viable option for baby boomers looking to supplement their retirement income, and have enough tucked away for a rainy day or as part of a retirement planning option. If you are 62 years of age and older, live in your primary residence, and have enough in your home, you may qualify for a reverse mortgage.These requirements are changing, and soon, but, as of now, they are still in place.
It's crucial to know though, from the very beginning, what will trigger the repayment of your reverse mortgage. 
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