If a homeowner has a reverse mortgage, the loan becomes due upon their passing.  If the heir to the home is living in the property, they cannot assume the loan.  If the heir pays off the reverse mortgage in full, they can live in the property for as long as they choose to.  If the heir cannot pay off the reverse mortgage and plans to sell the home, servicing guidelines will give them ample time to sell the property, and they can live in the property during that time frame.  They will be given extensions of time in 90-day increments up to a full year to sell the property if they demonstrate that they are, in fact, trying to sell the home.