In the American Community Survey (ACS), a person with a reverse mortgage should answer that he/she owns the home with a mortgage and select "No regular payment required" for the payment amount. With a reverse mortgage, an owner receives monthly payments from the equity in a home. The owner may but does not necessarily have to exhaust all the equity in the house in a reverse mortgage situation. If the owner decides to sell the property or dies, the amount of money received from the reverse mortgage (along with any fees and the interest charges that apply to the reverse mortgage) has to be returned to the lender. If equity remains after repayment to the lender, the owner or heirs receives the balance of the equity.