If you move out or permanently relocate to a full-time care facility, your loan becomes due and payable. But you’ll still have options to avoid foreclosure: you can pay your loan in full, sell your property to repay the full balance, or you may qualify for a short sale. You may also have a deed in lieu of foreclosure option.   If you’re away from home temporarily for more than 2 months, you must notify us immediately and provide a temporary mail forwarding address by calling (866) 654-0020 or completing a “Change of Mailing Address” form found here: reversedepartment.com/common-forms. When you return home, remember to change your mailing address back, using the same form.    As with any loan, your reverse mortgage will have to be repaid when the last living borrower or eligible non-borrowing spouse passes away. Similar to the permanent move-out scenario above, your heirs will have the same options to avoid foreclosure. We encourage you to bring your heirs into the conversation early on, and keep them in the loop through the life of your loan. Your heirs can find information about what to expect when inheriting a home with a reverse mortgage in our Guide for Heirs.