Question
Which type of loan is not required to be paid back
during the life time of a borrower?Solution
Reverse Mortgage Loan: Aged people above 60 years of age, make use their property to mortgage to a financial institution or a bank and in return FI/Bank will pay monthly installments to the homeowner(s) and after the demise of the senior citizen the property will be taken over by the bank and sold in order to recover their investment and the excess money is given to the legal heir of the property. Â However, the property owner should reside in the home that is reverse mortgaged and should pay the property taxes.
Blitecast' is a forecasting model for
Which caste of honeybee is reared in large finger-shaped cells in the lower portion of the combs and is carefully looked after by young workers known as...
Which of the following crop is known as biological plough
The correct order of crops with respect to their water requirement
Estuarian fish culture is defined as a culture of fish in
The world’s first ever vaccine that was developed to confer protection to honeybees against which disease?
Who is the founder of Zero Budget Natural Farming?
2*25 plough is move at speed of 5 Km/Hr how much time will it take to plough the field of size 300*300 meter if filed effiiciency of instrument is 60%
Which of the following pigments acts as a reaction- centre during photosynthesis?
The following is not a characteristic of land