Are there any instances in which a person under the age of 62 can qualify for a reverse mortgage, such as a person on SSDI?
Reverse Mortgage Specialist
It's 62 for FHA-insured Reverse Mortgage programs, and there aren't any exceptions. However, the age could be less with a proprietary program.
To my knowledge there have been no revisions to the age requirements of a reverse mortgage. You can contact you lender for updates since the landscape of mortgages seem to change daily.
Peter T Siekierski
Vice President
H.I.R.E. FINANCIAL, LLC
Loan Modification, Debt Settlement Services & Legal Services
P:1-877-414-HIRE ext 101
F:1-201-426-2381
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