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Frequently Asked Questions
Q: Will I continue to own my home?
A. Yes. You -- not the lender -- retain the title to your home, so your home isn’t at risk unless you fail to meet the terms of the loan. You retain ownership of your home, and the government guarantees that you can't be forced to sell or move. HUD reverse mortgages are insured by the government, so even if real estate is down and your house eventually sells for less than the amount of the reverse mortgage, the government will pay the difference.
Related Links
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