I'm pleased to let you know that you cannot outlive the loan. The major benefit of a reverse mortgage is that it does not have a predetermined maturity date, the loan program is designed to last as long as you stay living in the property. As long as you continue to pay your property taxes and home insurance, and keep your home in a good state of repair, you can never outlive the loan and the lender cannot take away your property from you.

Other than this, you can enjoy the benefits of a reverse mortgage for all the years ahead of you. Please do request our free educational DVD, presented by Former Senator Fred Thompson. You can call us or order your copy through the phone number or handy link provided.

Disclaimer: The response above is not intended to be anything other than the educated opinion of the author. It should not be relied upon as financial advice. America Advisors Group recommends speaking directly with an AAG Reverse Mortgage Professional regarding your specific situation and needs. Please call 1 (800) 466-0572 to receive AAG's information pack with a FREE DVD and Brochure featuring Former Senator Fred Thompson.