can i get a reverse mortgage with no equity?

Unfortunately, no.. Typically you need nearly 50% if your 62, but the older you are, the less equity required to do a reverse mortgage.. here's HUD's link to an RM calculator. http://www.reversemortgage.org/about/reversemortgagecalculator.aspx I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com

Yes, you can. However you will have to bring a significant amount of funds to the table since reverse mortgage require an equity position. Several better questions may be; how much money do I need to bring to closing to get a reverse mortgage? Or, how much equity do I need so I don't have to bring any money in to closing? Answers to both questions will require more information such as what is the value of your home, how much is owed and how old are the borrowers.