A reverse mortgage must be the first and primary lien on the property. (mortgageloanplace.com)
The bank will typically need to pay off any primary lien on the property, like a mortgage or home equity loan, before they can foreclose. (valuepenguin.com)
The bank will typically need to pay off any primary lien on the property, like a mortgage or home equity loan, before they can foreclose. (valuepenguin.com)