Comments on: Nope: Lenders Can’t Go After Heirs

By: Addressing concerns of reverse mortgage heirs | Reverse Mortgage Guide

Addressing concerns of reverse mortgage heirs | Reverse Mortgage Guide — Mon, 14 Mar 2011 20:14:06 +0000

[...] pays back the loan after you die? For the most part, reverse mortgage heirs have not been liable for paying back the loan. The loan usually gets paid when the mortgage lender [...]

By: Can my kis move back home if I have a reverse mortgage? | Reverse Mortgage Guide

Mon, 10 Jan 2011 21:45:12 +0000

[...] you. You can even choose to leave the house to relatives who live in the home. But after your death reverse mortgage heirs must pay off the reverse loan if they want to keep the house. They can do that by coming up with [...]

By: Tips for reverse mortgage heirs | Reverse Mortgage Guide

Tips for reverse mortgage heirs | Reverse Mortgage Guide — Wed, 03 Nov 2010 15:03:55 +0000

[...] reverse mortgage heirs don’t want the house, the mortgage lender can take possession of the property after you die. [...]

By: Reverse mortgage do’s and don’ts | Reverse Mortgage Guide

Reverse mortgage do’s and don’ts | Reverse Mortgage Guide — Wed, 01 Sep 2010 22:01:03 +0000

[...] talk with reverse mortgage heirs who might have to deal with the loan after you die. Keeping family members informed about your [...]

By: Exchanging Home Equity for a Reverse Mortgage | Reverse Mortgage Guide

Exchanging Home Equity for a Reverse Mortgage | Reverse Mortgage Guide — Thu, 19 Aug 2010 18:14:32 +0000

[...] you thought about any reverse mortgage heirs who might have to settle your estate? Borrowing against your home equity means that you may have [...]

By: Talk with Your Kids about Reverse Mortgages | Reverse Mortgage Guide

Talk with Your Kids about Reverse Mortgages | Reverse Mortgage Guide — Sat, 31 Jul 2010 07:06:00 +0000

[...] can choose to include reverse mortgage heirs in your mandatory counseling session. This step can help everyone gain an understanding of reverse [...]

By: Reverse Mortgages and Life Insurance | Reverse Mortgage Guide

Reverse Mortgages and Life Insurance | Reverse Mortgage Guide — Thu, 03 Jun 2010 23:01:43 +0000

[...] upon how much equity is in the home, reverse mortgage heirs may end up pocketing a profit on the sale of a home with a reverse mortgage. In other cases, there [...]

By: Reverse Mortgage Heirs | Reverse Mortgage Guide

Reverse Mortgage Heirs | Reverse Mortgage Guide — Sun, 09 May 2010 20:13:07 +0000

[...] that any senior who decides to take out a reverse loan let their heirs know about it. This can help reverse mortgage heirs avoid problems after their loved one [...]

By: » Nope: Lenders Can’t Go After Heirs | Reverse Mortgage Guide » Reverse Mortgage Online

Wed, 17 Dec 2008 12:22:51 +0000

[...] news by unknown « Reverse Mortgages in Florida Should Be Delayed No Longer | [...]

By: Finest Real Estate Info » Blog Archive » Nope: Lenders Can’t Go After Heirs | Reverse Mortgage Guide

Wed, 17 Dec 2008 10:58:56 +0000

[...] unknown wrote an interesting post today onNope: Lenders Canâ??t Go After Heirs | Reverse Mortgage GuideHere’s a quick excerptIf the mortgage is due and payable and the borrower (or estate) desires to retain ownership of the property, the mortgage debt must be repaid in full. Lenders may assist the borrower (or estate) in obtaining other financing to pay off … [...]