How many people can be on the application of a reverse mortgage?
My wife and I are considering getting a reverse mortgage on our home. Do I have to do this on my own, or can her name also be on the application?
American Advisors Group | Phil Scott
There are no set regulations regarding the number of homeowners listed on the application for a reverse mortgage - as long as you and your wife are both over 62 years of age, this puts you in a great position to be approved for the loan program. We also ask that you use the property as your main residence, and if you have an existing mortgage, you must be approved for an amount that can totally pay this off. Make a call to us today to see how much money you could be eligible for.
If you are looking for more information about the reverse mortgage loan program, please feel free to request a free educational DVD, presented by Former Senator Fred Thompson. It will give you valuable information, so you can make an educated decision about this program.
Disclaimer: The response above is not intended to be anything other than the educated opinion of the author. It should not be relied upon as financial advice. America Advisors Group recommends speaking directly with an AAG Reverse Mortgage Professional regarding your specific situation and needs. Please call 1 (800) 466-0572 to receive AAG's information pack with a FREE DVD and Brochure featuring Former Senator Fred Thompson.
Replied: 4/27/2011
If you are looking for more information about the reverse mortgage loan program, please feel free to request a free educational DVD, presented by Former Senator Fred Thompson. It will give you valuable information, so you can make an educated decision about this program.
Disclaimer: The response above is not intended to be anything other than the educated opinion of the author. It should not be relied upon as financial advice. America Advisors Group recommends speaking directly with an AAG Reverse Mortgage Professional regarding your specific situation and needs. Please call 1 (800) 466-0572 to receive AAG's information pack with a FREE DVD and Brochure featuring Former Senator Fred Thompson.
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Ask Your QuestionMore Questions
- Is there a set maturity date on the reverse mortgage?
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- Does the bank own my home after I sign up for a reverse mortgage?
- How do I apply for a reverse mortgage?
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- Which reverse mortgage will cost me less?
- What are the pros and cons to a reverse mortgage?
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- What are the out of pocket expenses of a reverse mortgage?
- Would it be practical for me to get a reverse mortgage if I need financing for a short amount of time?
- Am I going to have to pay back my reverse mortgage if I choose to sell my home?
- What happens if my loan balance on my reverse mortgage is greater than my house value?
- How many lenders should I talk to before getting a reverse mortgage?
- What bills will I still be required to pay if I sign up for a reverse mortgage?
- What is the timeline and requirements I have to follow if I want to cancel a reverse mortgage?
- How long will I have to sign the paperwork once I get approved for a reverse mortgage?


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