credit trouble: Do I have to be in credit trouble to get a Reverse Mortgage?
- 02/08/11 02:28 PM
Do I have to be in credit trouble to get a Reverse Mortgage? Question: I've heard that to get a Reverse Mortgage I have to be 62 and be in credit trouble. I am not in credit trouble, but don't have a lot of retirement income. Can I still get a Reverse Mortgage? Answer: This is a question I am asked often, and thank you for asking. It's a rumor that you have to be in credit trouble to get a Reverse Mortgage, but you do need to be 62. I will have to run a credit report initially when you (8 comments)