Senior CLIC | Reverse Mortgage
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Senior CLIC | Reverse Mortgage
A reverse mortgage is a loan arrangement between the borrower and the lender, where the borrower uses his residential property in Hong Kong as security to borrow money. The borrower receives monthly payments over a fixed period or throughout his entire life to improve his quality of life. The borrower remains the owner of the home and can continue to stay in his home for the rest of his life.
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