If the home sells for more than the balance of the reverse mortgage loan, the remaining home equity passes to the heirs. (reverse.org)
At that time, the estate typically sells the home to repay the balance of the reverse mortgage and the heirs receive any remaining equity. (reverse.org)
The balance of the reverse mortgage loan grows over time as the lender charges interest and adds it to the outstanding loan balance. (reversemortgageoregon.com)