*Always consult with your tax advisor, financial planning professional, or real estate professional. Payment of property taxes, homeowner's insurance, HOA dues (if applicable) and general maintenance of the property is required. Failure to abide by the terms and conditions of the loan could result in the loan being called due and payable, which could ultimately lead to foreclosure. Americans are living longer and without a good plan, you could outlive your money (tenure payments are guaranteed). These materials are not from HUD or FHA and were not approved by HUD or a government agency. Reverse Mortgages are neither endorsed nor approved by the federal government. The Federal Housing Administration (FHA) provides certain insurance benefits for lenders and borrowers in connection with the lender’s reverse mortgage or HECM loans; the FHA does not make or originate loans. A reverse mortgage is a home loan, not a government benefit.