Irrevocable Trust and Revocable Living Trust Which Is More Suitable for the Reverse Mortgage
Placing the house in a revocable living trust can be a excellent choice and determining the best path can be completed through consulting your attorney CPA or financial planner. The inquiry questioned often is can I capture outside a reverse mortgage while the property is held in a trust. Typically as extended as you and your occupant spouse meet the guideline requirements for the reverse mortgage then the answer is yes you can.< More information: First Time Home Buyer Assistance
