Are there any circumstances that would help qualify a 55 yr old man on disability for a reverse mortgage loan?
Mary M asked:
The house is completely paid for. He’s unable to work and is not yet receiving social sercurity, although the application is being processed. The mortgage companies will finance a reverse mortgage when the applicant reaches 62. Chronologically he is 55, physically the doctors have put him closer to 70 due to his many, many health and mental conditions.
Caffeinated Content
This entry was posted
on Tuesday, May 11th, 2010 at 11:27 am and is filed under Reverse Mortgages.
You can follow any responses to this entry through the RSS 2.0 feed.
Both comments and pings are currently closed.
The house is completely paid for. He’s unable to work and is not yet receiving social sercurity, although the application is being processed. The mortgage companies will finance a reverse mortgage when the applicant reaches 62. Chronologically he is 55, physically the doctors have put him closer to 70 due to his many, many health and mental conditions.
Caffeinated Content
May 12th, 2010 at 8:46 am
Caffeinated Content
NO!!! don’t do this — PLEASE! These reverse mortgages are a BANE on the existence of our elderly and disabled — and a PROBLEM that needs a lot of looking at right now!
May 15th, 2010 at 4:43 am
Caffeinated Content for WordPress
hello, here’s a
link that might help you to find out :
also perhaps here:
if you get any luck please don’t forget about me lol, hope it helped you, thanks!