Can I inherit a Home with a Reverse Mortgage?

Can I inherit a Home with a Reverse Mortgage?

Can I inherit a home with a Reverse Mortgage? Answer: Of course, IF you’re the heir. The False myths about Reverse Mortgages lead most people to believe that the bank will always get the home when a Reverse Mortgage is done. This is not true but its origins give...
How long does a Reverse Mortgage last?

How long does a Reverse Mortgage last?

How Long does a Reverse Mortgage Last? Answer: As long as you need it too. Age Limit Technically speaking a Reverse Mortgage is guaranteed by HUD/FHA until age 150 of the youngest Borrower. But because that number is still so far above current life expectancy the real...
Bank or Credit Union for a Reverse Mortgage?

Bank or Credit Union for a Reverse Mortgage?

Should you call a Bank or Credit Union for a Reverse Mortgage? Well let me ask you this, would you call a Foot Doctor to Remove a Brain Tumor? It’s a silly question, right? And I think it’s easy to answer because of the seriousness of the issue. But every...