Sell the home and use the proceeds to pay off the reverse mortgage
Refinance into a traditional mortgage or other loan
Pay off the loan balance with personal funds
Use savings, investments, or retirement funds to repay the balance
Have heirs sell the home after death and repay the loan from the sale proceeds
Have heirs keep the home by paying off the reverse mortgage balance
Deed the home to the lender in a deed in lieu of foreclosure
Let the lender foreclose if repayment is not possible
Contact the loan servicer to request a payoff statement
Review the loan terms for repayment triggers and deadlines
Seek help from a HUD-approved housing counselor
Consult a real estate attorney or financial advisor
Explore hardship options if the borrower is still living in the home
Check whether any non-borrowing spouse protections apply
Remove the reverse mortgage by paying off any liens or fees included in the balance