📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!


    âš¡ Azaadi sale - Celebrate Independence Day with Flat 55% Off On all courses! 13 to 17 Aug âš¡ Enroll Now

    Question

    Which of the following is not true about Reverse

    Mortgage?
    A It is a special home loan product Correct Answer Incorrect Answer
    B Homeowner aged 62 or older are eligible Correct Answer Incorrect Answer
    C Loan is underwritten based on the value of the collateral (home) and the life expectancy of the borrower Correct Answer Incorrect Answer
    D Borrower has to pay very low monthly EMI Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The correct answer is D

    Practice Next
    ask-question

    Not sure which exam is best for you Talk to our expert

    Get My Free Call