Question
Any in for or advice for seniors on one fixed income needing a reverse mortgage or loan modifier.state CA?
Recently widowed senior of 56 years living in home with an adjustable loan at 7% interest and owing more than home is worth.
4 weeks ago - 3 answers
Best Answer
Chosen by Asker
In order to qualify for a reverse mortgage you must be al least 62 and have substantial equity in your personal residence. If you have further questions AARP is a good (and free) source.
by drice8001
4 weeks ago
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Other Answers
a reverse mortgage counseling session will give you all the answers you seek, but that age it just will not happen, surprised that there is no survivors benefit, but I suppose a mortgage modification would be your best option.
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by lucky- 4 weeks ago



