Tenure payment | Reverse Mortgage Glossary
Tenure payment
Monthly reverse mortgage payments for life while you live in the home.
Plain English
Monthly reverse mortgage payments for life while you live in the home.
Everyday analogy
Think of this as one piece of a loan puzzle. See our complete glossary or what is a reverse mortgage guide for context.
When this is NOT a good fit
Understanding terms does not mean a reverse mortgage is right for you. Review our eligibility and foreclosure guides before deciding.