The answer to this depends on who is listed on the title to the property. If both you and your spouse are documented as the homeowners, you are 62 years or older and your home is not deeply in debt, then it is likely you will qualify. One of our requirements is that the property must be the main residence of the titled homeowner, so as long as you remain in the home, your reverse mortgage will be valid. In this circumstance, if you should pass away before your spouse, as they do not live in the property, your loan will become due and the remainder of the equity will be passed to your family. If you are not documented as the property owner, but your spouse is, then you could discuss moving the property title to your name in order to qualify for a reverse mortgage. We have a great team on hand to help you with any questions you have about how to qualify for a reverse mortgage, and to answer any of the other points you'd like clarification on. Click on the link or call the number provided, we can talk you through the process and send you a free DVD with lots of useful information.

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.