Posted on: 30th Mar, 2011 04:10 pm
my mother passed away 81110 she had a reverse mortgage fo 6ys and was on dialysis no will i am the admistrator living in the house the medicaid said today they are going to superior court to put a lien on the estate the reverse mortgage want they money of 300,00.00 can i refinance the mortgage if i want to stay in the house or will the lien prevent me from taking out a loan or medicaid force me to vacate i have no where to go i dont know what to do please help
Hi darjada!
Welcome to forums!
If the lien is already placed on the property, then it will be difficult for you to get a mortgage refinance. Unless the lien is paid off, none of the lenders will be ready to refinance.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
If the lien is already placed on the property, then it will be difficult for you to get a mortgage refinance. Unless the lien is paid off, none of the lenders will be ready to refinance.
Feel free to ask if you've further queries.
Sussane