How long do you have to pay off a reverse mortgage after death?
How long do you have to pay off a reverse mortgage after death?
30 days Upon the death of the borrower and Eligible Non-Borrowing Spouse, the loan becomes due and payable. Your heirs have 30 days from receiving the due and payable notice from the lender to buy the home, sell the home, or turn the home over to the lender to satisfy the debt. Sep 24, 2021
