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  • If you're the only person on Title, and you Pass, the Reverse Mortgage becomes due and payable. If your Son is the person who'll inherit your Estate, he'll have up to 12 months to pay the Lender back, and he can live in your home during that period of time.

  • Login to rate this answer:   Answered on 5/19/2013
**All above answers are provided as general information only. No warranty is made regarding the fitness or accuracy of the information provided in this answer. You should seek advice from a licensed CPA, attorney or CERTIFIED FINANCIAL PLANNER™ as to your unique financial situation.