Under 62? Now you can be added to a Reverse Mortgage - Z Reverse Mortgage
I can understand that a lot of people were hesitant if their spouse was under 62 to apply for a Reverse Mortgage. Many people feared the fact if they pass away what will happen to their spouse. Many questions arise such as: Will my spouse be kicked out of our home when I pass away? What options will my spouse have? Fortunately, for all of us the FHA has implemented a new guideline that will allow any spouse that is under 62 to be added to the loan as a non-borrowing spouse.
I can understand that a lot of people were hesitant if their spouse was under 62 to apply for a Reverse Mortgage. Many people feared the fact if they pass away what will happen to their spouse. Many questions arise such as: Will my spouse be kicked out of our home when I pass away? What options will my spouse have? Fortunately, for all of us the FHA has implemented a new guideline that will allow any spouse that is under 62 to be added to the loan as a non-borrowing spouse.
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<strong>Under</strong> <strong>62</strong>?<br />
<strong>Now</strong> <strong>you</strong> <strong>can</strong> <strong>be</strong> <strong>added</strong> <strong>to</strong> a <strong>Reverse</strong> <strong>Mortgage</strong>
<strong>Under</strong> <strong>62</strong>?<br />
<strong>Now</strong> <strong>you</strong> <strong>can</strong> <strong>be</strong> <strong>added</strong> <strong>to</strong> a <strong>Reverse</strong> <strong>Mortgage</strong><br />
I <strong>can</strong> understand that a lot of people were hesitant if their spouse was<br />
under <strong>62</strong> <strong>to</strong> apply for a <strong>Reverse</strong> <strong>Mortgage</strong>. Many people feared the fact<br />
if they pass away what will happen <strong>to</strong> their spouse. Many questions arise<br />
such as: Will my spouse <strong>be</strong> kicked out of our home when I pass<br />
away? What options will my spouse have? Fortunately, for all of us the<br />
FHA has implemented a new guideline that will allow any spouse that is<br />
under <strong>62</strong> <strong>to</strong> <strong>be</strong> <strong>added</strong> <strong>to</strong> the loan as a non-borrowing spouse.<br />
I must say this business has changed greatly throughout the years and<br />
this has <strong>be</strong>en one of the <strong>be</strong>st changes that could have happened. If <strong>you</strong><br />
were ever contemplating if a reverse mortgage is right for <strong>you</strong> well I hope<br />
that I have brought <strong>you</strong>r fears <strong>to</strong> rest.
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