Sentences with phrase «repaid after maturity»
If the loan is not repaid after maturity, no assets other than the home can be taken to pay off the reverse mortgage loan.
https://www.americanadvisorsgroup.com/
If the loan is not repaid after maturity, no assets other than the home can be taken to pay off the reverse mortgage loan.
Not exact matches
In the event that you or your heirs want to keep the home after a maturity event, you may repay the loan by using other funds or by refinancing it into a traditional mortgage.
Shortly after we opened the position ACLS failed to make a payment required under its 4.25 % Convertible Senior Subordinated Notes, which meant that the company was required to repay the outstanding principal amount of the notes plus a maturity premium and accrued interest (a total payment of approximately $ 85 million) on January 15.