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.

Verified Reviews

(223)

Very Attentive to our Needs I want to thank Larry for all his help during our reverse mortgage process. We were a little apprehensive, but Larry was there to answer all our questions and out our cares to rest. Larry was very attentive to our needs and answered all our calls in a timely manner. Again, we thank Larry for all his help and knowledgeable input.      

Steve & Linda S — Feb 13, 2018

Professionalism & Cordiality Larry deserves 5 stars! Larry handled and explained the reverse mortgage questions promptly from the beginning with professionalism and cordiality. He was very thorough in the coverage of reverse mortgage issues and explained them with clarity and patience. We have relied on his feedback and documentation in order to make decisions.

George & Violet M — Apr 13, 2017

Larry is Very Knowledgeable in Reverse Mortgages I really appreciate Larry's help with my mom's reverse mortgage. The communication was instrumental in completing this. There were many challenges for our family and on Larry's end to complete this. I recommend you reach out to Larry if there are any questions as he is very knowledgeable in reverse mortgages. Thanks for all Larry      

Dwight C — Jun 25, 2025

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