Question
Which loan does not require the borrower to pay back
during their lifetime?Solution
In a reverse mortgage loan, the borrower is not required to pay back the loan during their lifetime. Reverse mortgage is a type of loan available to elderly homeowners where they can convert a portion of the equity in their home into loan funds. The loan is typically repaid when the borrower permanently moves out of the home, passes away, or sells the property. Until then, the borrower does not make any monthly mortgage payments. Instead, the loan balance increases over time as interest and fees accumulate. The loan is usually repaid from the proceeds of the sale of the home.
Which of the following spice is popularly known as queen of spicesÂ
Which is an example of modified stem?
Incubation period of chickens is ___
Soils most suitable for agriculture are those whose PH value is between .......................?
Farming systems that are based on the investment of capital in land and technology and operated with the intent of maximizing profits through large-scal...
A marker where the produce is either finally disposed of to the consumers, processors or assembled for export isÂ
The colour of label for moderately toxic pesticide is
One of the following category of seeds is not certified by certification agency:
Which equipment for seeding and fertilizer application was developed by CCSHAU Hisar?
Dendrobium orchid belongs to the familyÂ
