Abstract: The House-for-Pension Program is an important measure to solve the pension problem in the technical aspects, which
provides a new way and a new idea to solve the contradiction between the huge demand for the aged and the shortage of resources in
China. By studying the experience of the House-for-Pension Program abroad, we consider that there are a lot of risks for the borrowers
and the lenders in the process. Based on these theories, this paper puts forward the following six measures: to improve relevant laws and
regulations and provide policy support for project development; to improve the relevant system and strengthen supervision of the
project; to cultivate the main business and standardize the operation of intermediaries; to strengthen the guidance role of government
and encourage multiple participation; to strengthen propaganda and guidance and promote the experience of the pilot, and to gradually
carry out housing endowment.

Key words: the House-for-Pension Program｜ risk, ｜risk prevention｜reverse mortgage loan