You are here:HomeLive TVVideosThe Property ShowWhat Is Reverse Mortgage And How It Can Help

What is reverse mortgage and how it can help

loading..

In this segment of the latest episode of The Property Show, we take a look at reverse mortgage and how senior citizens who own a property but do not have a regular source of income can use this facility to their benefit. Anil Rego, CEO and founder, Right Horizons, explains that reverse mortgage allows the owner of the property to pledge the asset with a bank, and the bank in return pays out monthly annuity to the owner. Any house owner above 60 is eligible for this facility.

The Property Show
About the Show
The Property Show
The Property Show
NDTV Profit introduces ‘The Property Show’ – your one-stop source for everything related to property matters. Write to us to get your queries answered on the show, with the help of leading industry experts Every weeknight at 7 p.m. In addition, Manisha Natarajan and Samir Jasuja scour the country to find the best deals for every budget, and help you navigate the property bazaar.

Social Sharing

Advertisement

From Reuters

The many interpretations of Ben Bernanke

The many interpretations of Ben Bernanke The last thing experts want is for Bernanke to be believed when he promises to carry on with an unchanged policy.
Market Data provided by © Accord Fintech.
© Copyright NDTV Convergence Limited 2013. All rights reserved.