This implies if the balance of the loan surpasses the returns of offer of the property, no case for this overabundance will be made against the bequest or different recipients of the borrower." An extra expense could likewise be forced in case of a redraw. Notwithstanding renegotiating to a typical mortgage or, on the off chance that they qualify, another reverse mortgage. On 18 September 2012, the administration presented statutory 'negative value security' on all new reverse mortgage contracts. Check your agreement to check whether you are ensured in conditions under which your loan balance winds up being more than the estimation of your property.