+ Do you know the can cost you and fees incurred when acquiring an opposite home loan? No. Repayment is possible by refinancing the opposite mortgage that have a old-fashioned “forward” mortgage loan, otherwise by applying most other assets. Certain opposite mortgage loans have an origination fee, regular settlement costs, initial and you may recurring Mortgage Insurance premiums and you can a monthly repair commission. Oftentimes these types of charges should be paid from the opposite home loan in itself, […]