can i get reverse mortgage if my home is paid off

Absolutely... Having a home paid off is the ideal situation to take out a reverse mortgage.. Keep in mind reverse mortgages are a specialized loan product, so be sure to use someone who is experienced in doing them.. 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. 480-287-5714 WilliamAcres.com

Yes. Having no mortgage on your property does not exclude you from obtaining a reverse mortgage. ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ Licensed in California and Arizona ~ NMLS 40586 ~ www.LoansA2z.com ~ 888-889-9950

Yes you definitely can as long as you are over 62. Details depend on a number of factors, but I would be happy to run through them with you anytime.

Yes, in fact the more equity you have in your home the more you can draw from a reverse mortgage assuming you are 62 years of age. There is no qualifying for a reverse mortgage as long as you meet the age requirement. Please check out my website at http://www.reversemortgagesintucson.com/. I would be happy to provide you estimates at your convenience. I can be reached directly at 520-907-3225. Thank you!

Absoluteley! Simple and minimal requirements (62+ in age, substantial equity, owner occupied property). Here is some info for self explored research http://www.dfgmortgage.com/files/DFG_RM_NCOA_BOOKLET.pdfPlease give us a call at 888-550-8705 ext 1041 direct or check us out online @ http://www.dfgmortgage.com/reverse-mortgage.htmlJames & Shannon Lechuga

yes , are you the only one on your title?? how much is your house worth? do you need monthly payments back to you, or are you looki ng for a lump sum? linda you can email me at yourloanpartnerforlife@live.com

Yes you can. If you are 62 or older. I can help you with applying for this type of loan and would be happy to share my information with you. I can be reached at tcm@bitterroot.com or 406-363-4630. I am excited about this type of mortgage and thrilled when I can truly help someone in need. I would love to talk to you about the ins and outs of this program.Sincerely,Glenda SweitzerTowne & Country Mortgage, Inc.Reverse Mortgage Specialist

Yes. As long as you meet the qualifying factor of being at least 62 years old. The more equity you have built in your home, the better for a reverse mortgage. Please let us know if you have any questions!

Yes, you must be at least 62 years of age or older.