Solved

Before You Get a Reverse Mortgage of Any Kind,consider That

Question 163

Multiple Choice

Before you get a reverse mortgage of any kind,consider that:


A) there are origination fees,closing costs,servicing fees,and mortgage insurance premiums
B) interest rates may change over the life of the mortgage
C) you are still responsible for property taxes,insurance,utilities,and maintenance expenses
D) you may leave fewer or no assets for your heirs
E) All of these should be considered.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents