How do you pay off a reverse mortgage early?

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How do you pay off a reverse mortgage early?

Category: Financial Planning with RM's Q & A

A reverse mortgage can be paid off early by refinancing it with a traditional loan or paying the difference between how much was borrowed and how much is owed on the home. The borrower may also make monthly payments, which will shorten how long they have left in their life before getting a HECM.