+3 votes
asked in Reverse Mortgage by
I am 63 years old and my wife is 54 years old . We own a free and clear home. We are both on title to our property. Do we qualify for a reverse mortgage or do we have to wait until my wife turns 62 years old .

1 Answer

+1 vote
answered by (3.1k points)
edited by

Yes, you would qualify for a Reverse Mortgage.  In this scenario, your wife would currently qualify as a non-borrowing spouse on the mortgage.  

For more information about HECM (Reverse Mortgage) loans or to discuss your personal situation, please feel free to contact me directly.

~Quiana Williams


Office: 760-440-8844

Edited to add office number