6. Can the lender take my home away if I outlive the loan? No! Nor is the loan due. You do not need to repay the loan as long as you or one of the borrowers continues to live in the house and keeps the taxes and insurance current. You can never owe more than your home's value.   Back to "Top Ten Things to know if you're interested in a reverse mortgage".       Home | About your credit rating | Real estate services | FAQ | Contact us Apply Online | About us |Privacy| Security | Licensing | Tools & Calculators Foreclosure | Credit Lines | Interest rates | Programs | News | Careers Newport Bay Mortgage, Inc. 800-779-2200    Newport Bay Mortgage, Inc. and its subsidiaries are Equal Housing Lenders. ©2005 Newport bay Mortgage, Inc. and Newport bay Realty. Trade/Service marls are the sole property of Newport Bay Mortgage, Inc. and or its subsidiaries. All rights reserved. If you use pop-up blocker, you should disable it while using our sites. If you have cookies disabled, you may need to enable them. Please read our privacy and security policies prior to entering any of our sites. Newport Bay Mortgage, Inc. and Newport Bay Realty are licensed with the California Department of Real Estate. ã All Rights Reserved. Copyright 2005