Posted on: 08th Feb, 2011 10:22 pm
I have no equity of my home, Can reverse mortgage works for me?
Hi pwilliams,
As there is no equity in your property, it will be difficult for you to qualify for a reverse mortgage. Nevertheless, you should contact the local lenders and apply for a reverse mortgage in order to check out if they can help you in this regard.
Thanks,
Jerry
As there is no equity in your property, it will be difficult for you to qualify for a reverse mortgage. Nevertheless, you should contact the local lenders and apply for a reverse mortgage in order to check out if they can help you in this regard.
Thanks,
Jerry