Many homeowners worry about how a reverse mortgage affects their children. Here’s what really happens.

Your Heirs Have Options

When the loan becomes due, your family can:

  1. Sell the home

  2. Refinance to keep the home

  3. Walk away if the loan balance exceeds the home value (non-recourse protection)

Why Communication Matters

Most family issues come from a lack of clarity. It helps to explain:

  • How the loan works
  • What your goals are
  • What your heirs should expect

I’m happy to speak with your whole family—by phone or Zoom—to make sure everyone is informed and comfortable.