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Can the lender take away my home if I outlive the life of the loan?

Writer's picture: Nichole FoxNichole Fox

There is no time limit on how long you can stay in your home. You still own the property and the lender cannot evict you, provided you follow the loan guidelines. This includes making all insurance and tax payments; keeping up with the maintenance of the home. You must also be living in the home for at least 6 months out of the year.

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