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With a reverse-annuity mortgage, the _____________ and the financial institution takes full ownership of the home ________ . A. financial institution pays the homeowner; immediately

With a reverse-annuity mortgage, the _____________ and the financial institution takes full ownership of the home ________ .

  • A. financial institution pays the homeowner; immediately
  • B. homeowner pays the financial institution; immediately
  • C. financial institution pays the homeowner; upon death of the homeowner
  • D. homeowner pays the financial institution; upon death of the homeowner

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