Yes. For married couples, where only one spouse is 62 years or older, there is a “non-borrowing spouse” option. With this option, the age qualifying spouse obtains the reverse mortgage and is the sole borrower. The under age spouse is considered the non-borrowing spouse, and is not a borrower on the loan. However, should the borrower pass away, the normal requirement for the loan to be repaid is “deferred” as long as the non-borrowing spouse remains living in the home. Additionally, during the deferral period, the non-borrowing spouse may not receive any funds from the reverse mortgage. The non-borrowing spouse option has specific requirements and may not apply to all married couples. Contact your Reverse Mortgage Specialist for more details about your specific situation.