Typically, a HECM mortgage ends when you no longer use the home as your primary residence. This could be due to several factors, including a permanent move, selling the home, or the last borrower passing away. At this time, the balance must be repaid. It’s important to remember that HECM mortgages are non-recourse loans, which means that you, or your estate, can’t owe more than the value of your home when the loan becomes due and the home is sold.