Reverse annuity mortgage loan is a real estate mortgage loan method implemented by financial institutions, which is different from the usual mortgage loan model. The general mortgage loan is that the lender first borrows money from the bank to buy a house, and then repays it regularly to the bank until all the principal and interest are paid off. The characteristic of reverse annuity mortgage loan is that the lender owns the house and mortgages the house to the bank. The bank signs an agreement with the lender according to the appraised house value and the loan term applied by the lender, and then pays the loan to the lender by stages, which is at the lender's disposal.

In fact, this also makes sense, that is, using your existing assets as the working capital of an industry or enterprise like bank loans is to borrow big money with small money, rather than borrowing big money without money.