Is your reverse mortgage lender spying on you? What happens when you move with a reverse mortgage? Or can your children move into property on reverse mortgage when your parent dies? How does the reverse mortgage lender know if you are still living in the property? The annual notice of occupancy affidavit gets mailed once […]
Can I add my kids to title on a reverse mortgage? Estate planning and reverse mortgages.
You would think that there shouldn’t be an issue when you add your children to title on a reverse mortgage right? Not so fast. On conventional loans adding people to title is done regularly without the lender knowing and is acceptable. However, when it comes to estate planning and reverse mortgages, the laws can conflict. […]