Certified Reverse Mortgage Professional - Serving CA Reverse Mortgage Industry for 17 years. 

Over 30 years experience in the mortgage banking industry.

What about repaying Reverse Mortgage?

With a reverse mortgage lenders pay you. The following lists provide information regarding repayment of a reverse mortgage.

A reverse mortgage comes due when under the following conditions:

When the reverse mortgage becomes due there are two options for paying it off.

  1. Proceeds from the sale of the home
  2. The heirs of the homeowner can refinance the loan

Like all loans a reverse mortgage does carry conditions in order to remain valid. Below is a list of reasons for which a borrower would find themselves in default.

To apply for your reverse mortgage click here.