A parent dies, and somewhere in the paperwork is a reverse mortgage. Nobody else in the family signed it. Nobody has made a payment on it, because it never asked for one. Now a letter from the servicer says the loan is due. In Texas, the rules for a reverse mortgage on a homestead are written into the state constitution, in Article XVI, Section 50(k). I read it this week because some of the inherited houses I get called about have one, and in my experience the family often does not know what the parent agreed to. This is what the text says happens when the borrower dies. What a Texas reverse mortgage is Section 50(k) describes it as credit secured by a voluntary lien on a homestead, made to a person who is, or whose spouse is, 62 years or older. Each owner and each owner's spouse has to... 10/06/2026