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]]> http://www.mortgageloanplace.com/lending-guide/reverse-mortgages/reverse-mortgage-and-estate-planning/comment-page-1#comment-1344 » Reverse Mortgage and Estate Planning Review of Mortgage Loans Wed, 16 May 2007 11:19:13 +0000 http://www.mortgageloanplace.com/lending-guide/reverse-mortgages/reverse-mortgage-and-estate-planning#comment-1344 [...] As you investigate the possibility of a reverse mortgage, you may wonder about your heirs should you pass before the loan is due. It is important to understand that with a reverse mortgage you are using the equity in your home for many possible reasons, like long term care or debt consolidation. If you should pass prior to the repayment of the loan, your estate will be used to cover the repayment of the loan. Don’t forget to read the Mortgage Loan Place Disclaimer . read more [...] [...] As you investigate the possibility of a reverse mortgage, you may wonder about your heirs should you pass before the loan is due. It is important to understand that with a reverse mortgage you are using the equity in your home for many possible reasons, like long term care or debt consolidation. If you should pass prior to the repayment of the loan, your estate will be used to cover the repayment of the loan. Don’t forget to read the Mortgage Loan Place Disclaimer . read more [...]

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