Qualifications of a Reverse Mortgages 

Reverse Mortgage FAQ >>> What are the qualifications necessary for a Reverse Mortgage?

Only a homeowner who is at least  62 years old are eligible to qualify for a reverse mortgage loan.

Reverse mortgage rules dictate the home must be your primary residence.

If more than 1 one homeowner exists; both individuals are required to agree, apply for the mortgage, and sign the reverse mortgage agreement.

You must owe less on your home than the value of the home in the current housing market.