Reverse Mortgage

byPaytm Editorial TeamLast Updated: November 14, 2025

Meaning

Reverse Mortgage is a loan that allows senior citizens to use their home’s value to get regular income without selling it.

How It Works

The bank pays the homeowner monthly, and the loan is repaid later (usually after the borrower’s death) by selling the property.

Author

Paytm Editorial Team

The Paytm Editorial Team is a collaborative group of writers, editors, and industry experts. We're dedicated to bringing you the latest insights, news, and guides on digital payments, financial services, and the technology that's shaping India's economy. We offer easy-to-follow guides and insights to help you explore Paytm’s products, features, and services. Our goal is to provide clear, reliable, and helpful information to empower you on your financial journey.

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