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reverse2
| Variable | Question text | Label |
|---|---|---|
| FLSpouse | ||
| randomizer_amount | Indicates amount randomizer | amount randomizer |
| randomizer_kids | Indicates if kids line is included | indicates if kids line is included |
| re001 | In general, how likely is it that you will be taking out a ^FLReverseLower? | how likely take out reverse mortgage |
| re002 | To what extent do you agree with the following statement: "A ^FLReverseLower is generally a good deal" | reverse mortgage is a good deal |
| re003 | Do you know anyone who has a ^FLReverseLower? | know anyone who has reverse mortgage |
| re004 | To what extent do you agree with the following statement: "^FLReverses are complex products" | reverse mortgages are complex products |
| re005 | Please respond to the following statement: "I would like to leave an inheritance" | would like to leave inheritance |
| re006 | A ^FLReverseLower allows you to withdraw wealth invested in your home | reverse mortgage allows you to withdraw wealth invested in your home |
| re007 | A ^FLReverseLower helps you be debt-free if used to repay an existing mortgage | reverse mortgage helps you be debt-free if used to repay an existing mortgage |
| re008 | For getting a ^FLReverseLower, your credit history and income will be checked | for getting a reverse mortgage, your credit history and income will be checked |
| re009 | Over time, the loan balance of a ^FLReverseLower shrinks, stays constant or grows? | over time, the loan balance of a reverse mortgage |
| re010 | Even when the ^FLReverseLower loan balance becomes larger than the home value, you do not have to move out | even when reverse mortgage loan balance becomes larger than the home value, you do not have to move out |
| re011 | To be eligible for a ^FLReverseLower, how old do you have to be at least? | to be eligible for a reverse mortgage, how old do you have to be at least |
| re012 | When do you have to make interest payments on a ^FLReverseLower? | when do you have to make interest payments on a reverse mortgage |
| re013 | If the ^FLReverseLower loan balance is larger than the house value, the lender can force you to pay the loan off with other assets | if the reverse mortgage loan balance is larger than the house value, the lender can force you to pay the loan off with other assets |
| re014 | If you are unable to make your interest payments on the ^FLReverseLower loan, a foreclosure process can be started on your home | if you are unable to make your interest payments on the reverse mortgage loan, a foreclosure process can be started on your home |
| re015 | When interest rates are higher, one gets less money when taking out a ^FLReverseLower | when interest rates are higher, one gets less money when taking out a reverse mortgage |
| re016 | What percentage of home value are the likely costs for getting a ^FLReverseLower? | percentage of home value are the likely costs for getting a reverse mortgage |
| re017 | If you have a ^FLReverseLower, for which items do you still have to pay yourself? | if you have a reverse mortgage, for which items do you still have to pay yourself |
| re018 | How much of a home's value would a ^FLReverseLower currently pay out as a lump sum to a 62-year old borrower? | how much of a home value would a reverse mortgage currently pay out as a lump sum to a 62-year old borrower |