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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Larry Was Very Professional Larry was very professional and courteous. Explained everything in layman's terms and always responded quickly to my questions. I highly recommend Larry for Reverse Mortgage services.    

Bill Z — May 11, 2020

Larry Was Outstanding & Patient Larry was outstanding and patient in his help. Over the phone, he took me page by page in filling out the forms, a task that otherwise would have been daunting. He answered all my questions with kindness and courtesy. He made the reverse mortgage happen. I could not have done it without his help. He is the best!      

Carol F — Jan 26, 2024

Excellent Service Larry was very helpful and walked us through the entire process. He is very knowledgeable and answered all my questions quickly. He kept me updated through every step. I would highly recommend Larry's services. Excellent service.

Wilma K — Apr 8, 2022

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