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msteph21 · Joined: 06 Nov 2010 Posts: 1 1.26 Dollars($)

We have a lein on someones' house. Can they get a reverse mortgage on it without paying us first? If so, would we have to wait until the reverse mortgage is due? Thanks for any help.

adonis · Posted: Sun Nov 07, 2010 4:12 pm Post subject:

Hi msteph,

The lien should be paid off before they take out the reverse mortgage. In order to get a reverse mortgage, the property should be free and clear of any liens.

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