Reverse Mortgages (loans using home equity conversion)

LIST Code: HO-09-05-04-00




Reverse Mortgages (loans using home equity conversion)


This category covers issues that a homeowner might face if they take out a reverse mortgage, in which they receive money based on putting up their home as equity. This might be called Home Equity Conversion Mortgages. This category covers who is eligible for reverse mortgages, what repayment obligations are, what happens if someone defaults on them, what happens if a spouse/co-owner dies, and what scams might be.

Other Taxonomy Terms

These terms in other taxonomies are equivalent to this term. They are mapped to each other.

  • NSMI v1 Taxonomy: 1620600
Last updated on Jul 01 2022

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