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Spanish to English translations [PRO]
Bus/Financial - Finance (general) | | Spanish term or phrase: hipoteca inversa | | nobody seems to have asked this: it is a "mortgage" intended for senior citizens in which the bank buys your house back from you, and in exchange gives you a lump sum or a monthly payment to live off of. the bank gets your home when you pass away, i believe |
|  Trans-IberianKudoZ activityQuestions: 67 (none open) ( 1 without valid answers) ( 16 closed without grading) Answers: 36
| | Local time: 08:46
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| | reverse mortgage | Explanation:
yep, you're reading is right!
Tips For Consumers On Reverse Mortgages
Some Tips for Consumers Considering a Reverse Mortgage ... To qualify for a reverse mortgage, you must be at least 62 years old, live in your house, ... a bad idea to use the loan from a reverse mortgage to buy other financial products. ...
www.consumerlaw.org › ... › Older Consumers - Cached - SimilarReverse mortgages
When you put all the marketing glitz to the side, a reverse mortgage might be ... During the term of the loan, you get to live in your house and you'll be ... is a good place to go for information about financial products and services. ...
www.understandingmoney.gov.au/.../reversemortgages.aspx - Cached - SimilarTrick or treat: Reverse mortgages can be "foreclosures in disguise"
29 Oct 2009 ... The 73-year-old retiree took out a reverse mortgage in 2006, paying $11000 ... Reverse mortgages let you live in your house even if the equity's exhausted. ... information especially when dealing with financial products. ...
blogs.tampabay.com/.../trick-or-treat-reverse-mortgages-can-be-foreclosures-in-disguise.html - CachedSeniors - Blog Toplist
16 Sep 2009 ... If you can?t afford to live in your house anymore or you need to supplement your cash flow, ... Seniors protected with new bill for reverse mortgage .... Seniors pressured into buying unnecessary financial products ...
www.blogtoplist.com/rss/seniors.html - Cached - Similar
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Note added at 13 mins (2010-02-22 11:49:43 GMT)
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"lifetime mortgage" is also possible, but less common.
Reverse mortgage - Wikipedia, the free encyclopedia
A reverse mortgage (or lifetime mortgage) is a loan available to seniors, and is used to release the home equity in the property as one lump sum or multiple ...
en.wikipedia.org/wiki/Reverse_mortgage - Cached - Similar |
| Selected response from:
 Edward Tully
Local time: 08:46
| Grading comment Selected automatically based on peer agreement.
4 KudoZ points were awarded for this answer |
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| Discussion entries: 0 |
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Automatic update in 00:
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2 mins confidence:   peer agreement (net): +1 Equity release (mortgage)
Explanation:
These are quite common in the UK.
| Ruth Ramsey
United Kingdom
Local time: 07:46
Specializes in field
Native speaker of:  English
PRO pts in category: 103
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12 mins confidence: peer agreement (net): +5 reverse mortgage
Explanation:
yep, you're reading is right!
Tips For Consumers On Reverse Mortgages
Some Tips for Consumers Considering a Reverse Mortgage ... To qualify for a reverse mortgage, you must be at least 62 years old, live in your house, ... a bad idea to use the loan from a reverse mortgage to buy other financial products. ...
www.consumerlaw.org › ... › Older Consumers - Cached - SimilarReverse mortgages
When you put all the marketing glitz to the side, a reverse mortgage might be ... During the term of the loan, you get to live in your house and you'll be ... is a good place to go for information about financial products and services. ...
www.understandingmoney.gov.au/.../reversemortgages.aspx - Cached - SimilarTrick or treat: Reverse mortgages can be "foreclosures in disguise"
29 Oct 2009 ... The 73-year-old retiree took out a reverse mortgage in 2006, paying $11000 ... Reverse mortgages let you live in your house even if the equity's exhausted. ... information especially when dealing with financial products. ...
blogs.tampabay.com/.../trick-or-treat-reverse-mortgages-can-be-foreclosures-in-disguise.html - CachedSeniors - Blog Toplist
16 Sep 2009 ... If you can?t afford to live in your house anymore or you need to supplement your cash flow, ... Seniors protected with new bill for reverse mortgage .... Seniors pressured into buying unnecessary financial products ...
www.blogtoplist.com/rss/seniors.html - Cached - Similar
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Note added at 13 mins (2010-02-22 11:49:43 GMT)
--------------------------------------------------
"lifetime mortgage" is also possible, but less common.
Reverse mortgage - Wikipedia, the free encyclopedia
A reverse mortgage (or lifetime mortgage) is a loan available to seniors, and is used to release the home equity in the property as one lump sum or multiple ...
en.wikipedia.org/wiki/Reverse_mortgage - Cached - Similar
| Edward Tully
Local time: 08:46
Works in field
Native speaker of: English
PRO pts in category: 647
|
| | Grading comment | Selected automatically based on peer agreement. |
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The translation workplace 
