1. At the conclusion of a reverse mortgage, the borrower must repay the loan and may have to sell the home or repay it from other assets; 2. Charges will be assessed, which may include an origination fee, closing costs, mortgage insurance premiums and servicing fees that will be added to the loan balance; 3. As with any home-secured credit, the borrower must meet all obligations: keeping current with property-related taxes, insurance, maintenance and any homeowners association fees; failure to pay these amounts may cause the mortgage to come due, may subject the property to a tax lien or other encumbrances, or may result in the loss of the home; 4. The loan balance grows over time, and interest is charged on the outstanding balance. The accrued interest is not deductible from the income tax return until the borrower makes partial or full repayment.