06/18/2026
One of the biggest myths surrounding reverse mortgages is the idea that the bank takes ownership of the home.
In reality, the homeowner remains on title and continues to own the property, as long as they meet the loan obligations, including occupying the home as their primary residence and staying current on property taxes, homeowners insurance, home maintenance, and any HOA fees.
The more you understand about how a reverse mortgage works, the easier it becomes to separate fact from fiction.
If you have questions or want to better understand your options, I’m always happy to help.