A common question is how and when a reverse mortgage is repaid. Most HECM loans become due when the last borrower permanently leaves the home, whether due to moving, selling, or passing away. Heirs can repay the loan, refinance, or sell the home to satisfy the balance.

Recent research highlights that the repayment process remains flexible and structured to provide options for heirs, provided taxes, insurance, and maintenance obligations are met (Archive Market Research, 2025). This ensures families have control over next steps.

Secure Lending Inc. explains the repayment process in plain language, helping homeowners and heirs plan for the future with clarity.

References: Archive Market Research. (2025, February 6). Reverse mortgage market 2025-2033 overview: Trends, competitor dynamics, and opportunities. Retrieved from https://www.archivemarketresearch.com/reports/reverse-mortgage-market-10009