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.

3 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

3 weeks ago

Asker's Rating: 

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- 3 weeks ago