Question: Regarding reverse mortgages, if one spouse remains in the home while the other moves to an assisted living facility, does this trigger the due-on-sale clause? Also, I assume that in-home nursing care counts as "still living" in the home, but I want to make doubly sure.

Answer: The age of the "trailing" spouse is key here. With a couple, both owners must be 62 to qualify for a reverse mortgage. If both owners are 62 or older and one leaves for whatever reason, the loan need not be paid back until the other owner also leaves.

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