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Reverse Mortgage Heirs & Repayment Q&AJust Ask ARLO! Form

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so a lot of times when I think about the erors I definitely feel they should be a part in the process a lot of times they encourage it my grandmother included was one of the first perverse mortgages that we did we as a family got together and said how can we help Grandma make ends meet she's got all of this home equity there's really no burden if you love somebody and you want them to be happy and you know enjoy the rest of their retirement years I think that you'd want them to remain independent use some of the equity if that better enhances their retirement years why not it's just a loan amount that you borrow when you pass away the loan is doe and payable if there was a mortgage on the property already you would still be selling the house that loan amount would be then repaid through the proceeds of the sale it's the same concept with the reverse mortgage so there really is no no extra burden

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