Reverse Mortgage Resource Center - 385-503-2224 - https://reversemortgageresourcecenter.com How long does a reverse mortgage loan last? Unlike a traditional mortgage, there is no set term for a reverse mortgage. A reverse mortgage loan typically lasts until the borrower passes away, sells their home, or fails to meet the terms of the loan agreement. Like any loan, they have to be repaid eventually. Our team of experts is dedicated to answering any questions and concerns. Give us a call to schedule a no-obligation consultation, and let us show you how a reverse mortgage can benefit you. Reverse Mortgage Resource Center 11240 River Heights Dr Suite 100 South Jordan, Utah 84095 385-503-2224 https://reversemortgageresourcecenter.com

Reverse Mortgage Resource Center - 385-503-2224 - https://reversemortgageresourcecenter.com Can heirs walk away from reverse mortgage? Yes, heirs can walk away from a reverse mortgage. The loan must be paid off when the borrower passes away or moves out of the home. If the loan balance exceeds the home's value, you can turn the home over to the lender, and the heirs are not responsible for any remaining balance. Heirs may also choose to pay off the loan and keep the home. Our team of experts is dedicated to answering any questions and concerns. Give us a call to schedule a no-obligation consultation, and let us show you how a reverse mortgage can benefit you. Reverse Mortgage Resource Center 11240 River Heights Dr Suite 100 South Jordan, Utah 84095 385-503-2224 https://reversemortgageresourcecenter.com

Reverse Mortgage Resource Center - 385-503-2224 - https://reversemortgageresourcecenter.com How many times can you do a reverse mortgage? You can only have one reverse mortgage at a time, however, you can get a reverse mortgage as often as it makes financial sense to do so. If you have an existing reverse mortgage, you can refinance into another reverse mortgage to take advantage of greater equity in your home, or to get a lower interest rate. Our team of experts is dedicated to answering any questions and concerns. Give us a call to schedule a no-obligation consultation, and let us show you how a reverse mortgage can benefit you. Reverse Mortgage Resource Center 11240 River Heights Dr Suite 100 South Jordan, Utah 84095 385-503-2224 https://reversemortgageresourcecenter.com