#ineligible

Reverse mortgage and ineligible non borrowing spouse

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Reverse mortgage and ineligible non borrowing spouse To;dr: my 90 year old father is trying to divorce my 75 year old mother to qualify for a reverse mortgage. Is this a thing? Background: My parents house has been on the market for several months without any interest. They have 1.5 months worth of money left to pay the mortgage, taxes and insurance. We have been trying to get them to lower the p…

Reddit Personal Finance 494 2024-07-27