Life Estate. The house I live in is in my parents Life Estate - the house t

Life Estate. The house I live in is in my parents Life Estate - the house they live in is in a Life Estate. I want to buy my two siblings out, as the market value has decreased.

My attorney advised me that I can apply for a mortgage, as long as my mom and dad sign as well. I am financially able to carry the amount. Question - am I able to apply for a mortgage in this type of transaction, and I recognize the amount would put a lien on thehouse as it is being paid?

I don't want to wait, and have to buy them out when my parents pass away - as the value of the home may be higher than it is today. I am paying rent and fixing the house up, and want to make this my home on the deed - so my mom and I would be the only ones on the deed. Thank you.