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We own the 2 acres that our home is located on so how does this affect a reverse mortgage?
Wiki User
∙ 13y ago
If you granted a reverse mortgage to a bank the 2 acres would be included in the grant.
If you granted a reverse mortgage to a bank the 2 acres would be included in the grant.
If you granted a reverse mortgage to a bank the 2 acres would be included in the grant.
If you granted a reverse mortgage to a bank the 2 acres would be included in the grant.
Wiki User
∙ 13y ago
Wiki User
∙ 13y agoIf you granted a reverse mortgage to a bank the 2 acres would be included in the grant.
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Your husband has 3 acres in his name but not mine will it be difficult to get a mortgage?
It shouldn't affect a mortgage. The mortgage will be based on the credit worthiness, the down payment, the ability to repay the loan of the people who apply for the mortgage.
Can land be included in reverse mortgage?
No, land is typically not included in a reverse mortgage. Any type of underdeveloped land is not included in a reverse mortgage.
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