Reverse Mortgage

 Reverse mortgage 






The middle class biggest asset will be their house (assuming it to be the primary house, not the second one) but the sad truth is they cant sell it nor can they generate income from it (by renting as they live there)  


US had encountered this problem where retirees without money but  with house mortgage, their house(it's reverse of EMI bank will pay you money till you are alive and foreclose the property and sell it after you ) though not popular in India it may happen anytime soon 



For processing, reverse mortgage banks take the help of an insurance company so banks and insurance companies take a cut before giving you 

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