When a homeowner with a reverse mortgage passes away or permanently leaves the property, HUD allows certain heirs or authorized parties to pay off the reverse mortgage, often at a reduced amount based on HUD’s valuation. This can be an excellent option for families who want to keep the home, transfer it within the family, or prevent foreclosure.
However, Heir Payoffs follow strict HUD timelines, documentation requirements, and procedural steps that most traditional realtors and attorneys are not familiar with. Small errors — or delays — can cause the file to be denied, moved into Asset Sale status, or pushed toward foreclosure.
That’s where I come in.
I specialize in reverse-mortgage transitions and frequently assist heirs, executors, estates, and probate attorneys with the Heir Payoff process. My role includes:
interpreting HUD/HECM requirements,
coordinating directly with HUD and the servicer,
reviewing probate documents, Trusts, and Wills,
working with title companies to clear and prepare the file,
helping heirs understand their payoff options,
guiding families through time-sensitive HUD deadlines,
and ensuring that any allowable commissions and closing costs are paid by HUD whenever possible — which means my services often come at no direct cost to the family.
The Heir Payoff process is time-sensitive — and the sooner we begin, the more options your family has.
Every family’s situation is different, and HUD’s requirements can feel overwhelming. Whether you want to keep the property in the family, avoid foreclosure, or simply understand your options, I can guide you through the most efficient and compliant path.