A Reverse Mortgage Starts as a Fixed-Rate Mortgage and Then

question 19

True/False

A reverse mortgage starts as a fixed-rate mortgage and then converts into an adjustable-rate mortgage.

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Definitions:

Narcolepsy

A chronic sleep disorder characterized by overwhelming daytime drowsiness and sudden attacks of sleep.

REM Sleep

A sleep phase characterized by rapid eye movement, during which dreaming occurs and brain activity is similar to wakefulness.

Sleep Disorder

A medical disorder of the sleep patterns of a person or animal, which can interfere with physical, mental, social, and emotional functioning.

Sleep Apnea

A sleep disorder characterized by pauses in breathing or instances of shallow or infrequent breathing during sleep.