Reverse Mortgages: Qualifications

Qualifications For Reverse Mortgages

The qualifications for a reverse mortgage are simple. As you read the following information, please contact us with any questions:

• Applicant members must be at least 62 years of age.
• The applicant must be a homeowner (includes single family residence, condo, townhouse, or manufactured housing built after June 1976).
• The home does NOT need to be owned “free and clear.”
• No income or medical requirements are needed to qualify.
• There are no credit/credit score requirements.