reverse mortgage in Podcasts
productA financial product that allows homeowners to borrow against their home’s equity, often used in retirement.
Mentions Over Time
1
mentions
Mentions in Podcasts
Cheques and Balances
The Harsh Reality of Renting in Retirement | Episode 482
The triple CFA rules and the fact that banks are kind of quite limited as to how much risk they can take on in the retail space means it's very difficult to get someone over 65, over 70 who's not working a mortgage, which really just leaves you with reverse mortgages.