Does reverse mortgage allow immediate financing for assisted living need? Dad's house set up in living trust currently.
Michelle Curtis Loan Originator NMLS 401173 (MichelleCurtisLO)
#77 ranked lender in Florida - 2,245 contributions
More information is needed. Are you the one trying to do the reverse? Either way the person has to live in the home or you can't do a reverse.
Will Zinn (mainewill)
#7 ranked lender in Maine - 22 contributions
Will the assisted living take place in the home ? FYI...a reverse mortgage should be a last resort. There may be several better alternatives. Let me know if I can help.Will Zinn(207) 517-2207
Ask our community a question.
Get an answer
Related Questions
