Yes, you still will be able to leave your home to your heirs. After getting a reverse mortgage, the home is still yours to do with, and will to, as you wish. When you pass, what will happen is that your estate, along with your home, will be passed to your heirs, and they will be able to decide how to repay your loan. They will have the option to sell the home, take out a traditional mortgage, or to refinance the home.

For many people it is important that you include your family in your decision regarding a reverse mortgage. I would suggest contacting one of our Professionals, and they will be able to answer all of your questions and the questions of your family.

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.