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The period of loan under Reverse Mortgage is 20 years. If the borrower outlives the 20 year span, whether he will continue to get the loan under Reverse Mortgage Loan?

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The period of loan under Reverse Mortgage is 20 years. If the borrower outlives the 20 year span, whether he will continue to get the loan under Reverse Mortgage Loan?

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No. At present the maximum period for payment is 20 years. However the borrower can continue to stay in the house mortgaged to the lender.

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