Posted on: 13th Mar, 2011 07:43 pm
My father had a reverse mortgage on his house. After the mortgage went through he deeded the house to me. Now after his death I need to pay off the reverse mortgage. I already have a house and mortgage. Is there a way to use the equity in his house to pay off the reverse. Is there lenders who are more likely to give me loan on this property that is already deeded to me but has a reverse mortgage.
Your query has been answered in the given page:
http://www.mortgagefit.com/reverse/equity-newloan.html?p=179639#179639
Have a look at it. I hope it will help you.
http://www.mortgagefit.com/reverse/equity-newloan.html?p=179639#179639
Have a look at it. I hope it will help you.