What is Reverse Annuity Mortgage (RAM)?
 Find below about Reverse Annuity Mortgage (RAM).
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Reverse Annuity Mortgage (RAM) Reverse Annuity Mortgage (RAM)

A form of mortgage in which the lender makes periodic payments to the borrower using the borrower's equity in the home as Satisfaction of Mortgage: The document issued by the mortgagee when the mortgage loan is paid in full. Also called a release of mortgage.

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