About this document
Reverse Mortgage Options in India by shivab445 is a document available to read on EtoBox.
This document discusses reverse mortgages in India. It provides an overview of key features of reverse mortgages as per draft norms released by the National Housing Bank. Some highlights include: reverse mortgages will be provided by scheduled banks and housing finance companies; eligible borrowers must be senior citizens aged 60+ and own their self-occupied residential property; the loan amount will depend on the property value and borrower
- Author
- shivab445
- Language
- EN