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Reverse Mortgage Comes with Repayment Benefits

A reverse mortgage loan is a credit facility, which enables homeowners above 60 years of age to borrow funds. Under this funding option, a borrower can utilise the equity lying in his/her residential property for a lump sum funding or opt to receive monthly payments. Such amount is payable as long as the borrower remains an occupant of the property.

Read more at https://www.bajajfinserv.in/what-is-reverse-mortgage

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