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
Under Washington’s Reverse Mortgage Act, the arrangement qualified as a reverse mortgage loan.
—
Aj Dhaliwal, Forbes.com, 27 Aug. 2025
For this reason, individuals approved for a reverse mortgage have to be very careful to maintain asset levels consistent with state laws.
—Elliot Raphaelson, The Orlando Sentinel, 16 Aug. 2025
Attendees can also meet dozens of experts offering advice on everything from home repairs and legal services to Medicare, health care and reverse mortgages.
—Laura Daily, Denver Post, 1 Aug. 2025
Court and property records show Nassar was facing eviction after defaulting on a reverse mortgage.
—Violet Ikonomova, Freep.com, 8 July 2025
See All Example Sentences for reverse mortgage
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Aj Dhaliwal, Forbes.com, 27 Aug. 2025
For this reason, individuals approved for a reverse mortgage have to be very careful to maintain asset levels consistent with state laws.
—Elliot Raphaelson, The Orlando Sentinel, 16 Aug. 2025
Attendees can also meet dozens of experts offering advice on everything from home repairs and legal services to Medicare, health care and reverse mortgages.
—Laura Daily, Denver Post, 1 Aug. 2025
Court and property records show Nassar was facing eviction after defaulting on a reverse mortgage.
—Violet Ikonomova, Freep.com, 8 July 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 7 Sep. 2025.
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