Who owns the property, the lender or the borrower?
Just like a traditional mortgage, the borrower owns the property and the mortgage
is simply a lien on the property. Once the borrower either dies, sells the property,
or moves, payment is due on the mortgage. Any equity belongs to the borrower
and their heirs. To find out more information on our reverse mortgage products,
contact one of our Reverse Mortgage Specialists at 877-728-3569.
