One of the eligibility requirements for a reverse mortgage is the property you take one out on must be your main residence. If you do not live in the property, but instead you simply rent the home out to tenants, this will mean the property is ineligible. If however you live on the promises too, either in a separate unit or in the same home, this does not disqualify you. It is possible to take out a reverse mortgage on properties with up to four apartments.

If you would like to receive our helpful DVD, which we will send to you for free, click on the link or call us on the number provided. The DVD features Former Senator Fred Thompson, and we will send it to you along with a brochure about how a reverse mortgage could help your circumstances.

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.