Meaning

1 senses
  1. An agreement under which money is borrowed using one's home as collateral, to be repaid from the proceeds of its sale (usually on the owner's death).

    Immobilienverrentung

Examples

1 sentences
  1. Sami applied for a reverse mortgage to renovate his house.

Translations

1 languages
Deutsch
By meaning 1
agreement:

Forms

plural: reverse mortgages

See also

neighbours in the dictionary
reverse mortgage — meaning, examples, forms, synonyms | Krumeto