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Frequently Asked Questions
Q: Would a home that is in a "living trust"/ "life estate" be eligible for a reverse mortgage?
A. Typically, yes. In most cases a homeowner who has put his or her home in a living trust/life estate deed can obtain a reverse mortgage. A review of any trust documents would be made by the reverse mortgage lender to determine if anything in the living trust/life estate would prohibit qualification.
Related Links
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