Posted on: 25th Jun, 2010 11:13 am
WE TOOK A REVERSE MTGE UNDER MY HUSBAND (87 AT THE TIME ). CAN THE MTGE BE TRANSFERRED TO ME ( NOW 64) BEFORE HE PASSES TO ALLOW MY ABILITY TO REMAIN IN THE HOUSE
hi lorraine,
you can contact the lender and apply for a refinance and get the reverse mortgage transferred in your name. this will help you in taking advantage of the reverse mortgage proceeds and you would be able to stay in the property and save it.
thanks
you can contact the lender and apply for a refinance and get the reverse mortgage transferred in your name. this will help you in taking advantage of the reverse mortgage proceeds and you would be able to stay in the property and save it.
thanks