Which among the following is false in case of "Reverse Mortgage"?

(A) Under Reverse mortgage a person who owns a house property have the option to mortgage the property with a scheduled bank or finance company to get a regular income in the form of periodical installments.

(B) This scheme is applicable for senior citizens who have a regular income.

(C) Under this scheme, the lender will recover the amount paid i.e. principal and interest thereon by selling the property after the death of borrower.

(D) The lender will have to give the option to the legal heirs of the borrower to repay the loan amount along with interest for the release of property.