Homeowners will continue to be liable for insurance, property taxes, and servicing; on the other hand, loan repayment is deferred right up until the homeowner no longer lives within the home. Because month-to-month mortgage payments are usually not required,3 seniors typically use their reverse mortgage money as money tax-free1 cash. https://loaninterestrates68502.wikipowell.com/5690982/loan_approval_process_options