FHA – HECM: Can an unmarried borrower obtain a Reverse Mortgage and protect the rights of occupancy of their lifelong partner?

Answer and Reference: Don’t get a reverse mortgage HECM until you understand the facts and know how to protect your loved ones. Call me 1st. #HECMloans HUD has defined the Non-Borrowing Spouse in ML 14-02 as: “Non-Borrowing Spouse” is defined as the spouse, as determined by the law of the state in which the spouse […]

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