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As a reverse mortgage borrower, you have three main responsibilities:
- You are required to pay your property charges—such as property taxes and homeowners insurance—on time.
- Your home must be kept in good repair.
- Your home must be your principal residence.
www.consumerfinance.gov/ask-cfpb/do-i-still-need-to-pay-my-property-taxes-an…- People also ask
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WEBSep 6, 2023 · A reverse mortgage is a product that allows Canadian homeowners age 55+ to access part of their home equity without having …
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