Reverse Mortgage
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Reverse Mortgage

This forum promotes education about the FHA Guaranteed Home Equity Conversion Mortgage (HECM) and other proprietary reverse mortgage products.


Can the Lender take my home away

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Reverse Mortgage :: Reverse Mortgage Basic Information :: Legal information about Reverse Mortgages

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Can the Lender take my home away Empty Can the Lender take my home away

Post  Walter Cabe Mon Jan 28, 2008 7:32 pm

If you do a reverse mortgage can they take my home away

Walter Cabe

Posts : 23
Join date : 2008-01-28

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Can the Lender take my home away Empty Re: Can the Lender take my home away

Post  Ralph J Mon Jan 28, 2008 7:42 pm

Not as long as you live in your home.

Ralph J

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Can the Lender take my home away Empty Re: Can the Lender take my home away

Post  Paul Jamison Mon Jan 28, 2008 8:23 pm

You also need to make sure you pay your taxes and insurance on your home.

Paul Jamison

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