Are reverse mortgages for the "house rich, cash poor" seniors? The answer is YES. As long as you are 62 years of age and you own a home, you are qualified for a reverse mortgage. In 2006, 12.5% of all Michigan residents were 62 years and older. That means at least 12.5% of all "mature" citizens in the state of Michigan, home to the Great Lakes, are eligible for reverse mortgages. Lender411 can help you or your loved one apply for a reverse mortgage. Start by filling out the above form.
Reverse Mortgage
