"The Lender Takes the House."

• False. The homeowner retains title to the home throughout the loan.
• Reverse mortgages are loans, they will get a lien position like any other mortgage.

"I Can Be Thrown Out of My House."

• False , the homewoner can stay in the home until a loan-maturing event occurs.

"I Can Owe More than My Home is Worth."

• False. The homeowner can never owe more than the value of the home at the time the loan is paid off.

"If the lender fails, I will be stuck."

• False. If the lender were to fail, HUD would step in as a servicer and make the payments to the borrower.