If you are a widow struggling to make do without your spouse, a Reverse Mortgage can be a great benefit. As in all cases, a Reverse Mortgage does not have to be repaid as long as the owner continues to live in the house and pays the taxes and insurance. So, a Reverse Mortgage can make it possible for a widow to remain in her home without worrying about how the bills will be paid, or how she will have enough money for heat this winter.

There are a number of different ways the mortgage proceeds can be paid to you. And you will also have to receive reverse mortgage counseling in order to qualify. Please read our other Reverse Mortgage Information pages to help you understand these issues better.

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