- You’ll find substantial upfront costs, eg settlement costs (appraisal, title and you may escrow), origination payment and a maintenance fee. These charge would be paid off age after if loan try owed, although not, ultimately causing zero instant weight toward borrower.
- Qualifications to have state and federal regulators guidelines software, such as for example Medicare, can be jeopardized since money gotten regarding the reverse financial counts since income.
- Immediately after collateral is actually taken from the home, you will have less money to take and pass on to heirs just after the home is available and the financing is paid off. 続きを読む →
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