5. Reverse Mortgage Tenure and Term Payments

What makes Reverse Mortgages so flexible are their payout options. There are several options available. Clients need to decide what is best suited for their wants and needs.The line of credit is the most popular payout method. It allows your clients to repay some of the loan balance and re-borrow as desired. Payments are often distributed via “Tenure” payments, or “Term” payments. To learn more about “Tenure” and “Term” payment options, please watch our video.