Many people are still not clear about what a reverse mortgage is and how it works. As its name suggests, this financial instrument is the opposite of the traditional mortgage. In other words, in this type of financial operation, the bank pays you a m
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In Spain, around 80% of the inhabitants have their own homes. That is why the banks have a beautiful product for this country of owners. The world of mortgages is vast. These banking products have different characteristics, and there is a mortgage lo
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A few weeks ago, the national government launched the reverse mortgage mechanism. It is a financial instrument aimed at people over 65 years of age, basically a loan with a real estate guarantee. The borrower receives an amount of money that can be i
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