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home interest mortgage rate loans alternative scheme involves the bank reselling the property according to an installment plan, at a price higher than the original price. reverse mortgage (known as equity withdrawal in the United Kingdom) home interest mortgage rate a type of loan available to older people, used as a way of converting their home equity home interest mortgage rate value of their home, minus the amount of mortgage(s)) into a cash payment (or series of payments) while retaining ownership of the property. To qualify for a reverse mortgage in the United States, home interest mortgage rate borrower must be at least 62 and be able to pay it off an existing mortgage with the proceeds from the reverse mortgage and if needed, additional personal funds. The amount any individual homeowner is eligible for |
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