What has to be repaid when the loan becomes due?

You’ll repay the loan balance, any fees that have been added, and the accrued interest. Homeowners (or their heirs) usually choose to do this through the sale of the home or other assets. Repaying the loan by refinancing through a conventional mortgage is also an option.

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Professional and Knowledgeable Professional and Knowledgeable I am so glad you help me with my reverse mortgage. I could not have had a more professional and knowledgeable person to go over the details and answer my questions and concerns. I appreciate it very much. Thanks again      

Dave R — Sep 28, 2018

Very Easy to Talk To Larry, you are the best !!!!!!! in our book. Very knowledgeable about the "Reverse Mortgage" and always talked at a level that we could understand. Very easy to talk to and always returned calls ASAP. We would recommend YOU to all our friends.       

Al & Sherry K — May 28, 2024

Was With Us Every Step of the Way Larry was with us every step of the way, simplifying what could have been a complex process, addressing every concern. Larry was very responsive to all our questions. It was as if we were his only client! Thanks, Larry!

Charles & Margaret W — Feb 26, 2022

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