Reverse Mortgage

A type of loan where an individual borrows against the value of their home and does not have to pay back the principal until the individual sells the home or leaves the home permanently.

More Common Terms

  • Chronic Obstructive Pulmonary Disease (COPD) A group of chronic disorders that restrict flow of air into and out of the lungs. Disorder examples include asthma, bronchitis, and emphysema.
  • Nursing Homes State-licensed facilities that provide a safe, therapeutic environment for individuals who require rehabilitative care or can no longer live independently or in assisted living due to medical requirements. Also known as skilled nursing facilities (SN...
  • Registered Nurse (RN) A state-licensed individual who has completed training and passed a specific examination in order to perform nursing services.

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