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  • Steve 

    Steve 
    NewRetirement

    San Francisco, CA

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  • Typically you have a maximum of one year to pay off the loan - you can read more here: http://www.newretirement.com/blog/2015/01/06/what-happens-to-a-reverse-mortgage-after-death-or-when-a-reverse-mortgage-becomes-due/

  • Login to rate this answer:   Answered on 11/4/2015
**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.