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What does the client pay the bank

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Problem 1: At what point, does the client pay the bank when we talk about reverse mortgages? (When are reverse mortgages paid to the bank?)

a. They are never paid, the federal government pays them
b. every month they are paid, little by little through the corresponding monthly payments like all mortgages
c. when the debtor dies, the heirs pay

Reference no: EM132805811

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