reverse mortgage
noun
: a mortgage that allows an elderly person to convert home equity into available funds through a line of credit, cash advance, or periodic disbursements to be repaid with interest usually when the borrower dies, moves, or sells the home
Examples of reverse mortgage in a Sentence
Recent Examples on the Web
The company highlighted its strategic shift towards a unified modern retirement solutions platform, exiting multiple business lines and focusing on reverse mortgage loans.
—
Quartz Intelligence Newsroom, Quartz, 14 Mar. 2025
Like any financial product, reverse mortgages certainly come with pros and cons.
—Mallika Mitra, Sacramento Bee, 26 Feb. 2025
Drysdale said Moody’s office has talented lawyers, but its leaders haven’t done anything to protect Floridians from predatory home loans or reverse mortgages.
—Lawrence Mower, Miami Herald, 16 Jan. 2025
The property is in foreclosure and burdened by a reverse mortgage, which has hampered efforts to find a new owner to restore and preserve the house, Miller said.
—Robert Channick, Chicago Tribune, 5 Mar. 2025
See All Example Sentences for reverse mortgage
Examples are automatically compiled from online sources to
show current usage.
Read More
Opinions expressed in the examples do not represent those of Merriam-Webster or its editors.
Send us feedback.
Quartz Intelligence Newsroom, Quartz, 14 Mar. 2025
Like any financial product, reverse mortgages certainly come with pros and cons.
—Mallika Mitra, Sacramento Bee, 26 Feb. 2025
Drysdale said Moody’s office has talented lawyers, but its leaders haven’t done anything to protect Floridians from predatory home loans or reverse mortgages.
—Lawrence Mower, Miami Herald, 16 Jan. 2025
The property is in foreclosure and burdened by a reverse mortgage, which has hampered efforts to find a new owner to restore and preserve the house, Miller said.
—Robert Channick, Chicago Tribune, 5 Mar. 2025
See All Example Sentences for reverse mortgage
Cite this Entry
“Reverse mortgage.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/reverse%20mortgage. Accessed 31 Mar. 2025.
Copy CitationLove words? Need even more definitions?
Merriam-Webster unabridged
Share