QUESTION:

Business from reverse mortgaged home

can an incorporated business have the same address as a reverse mortgaged home?
asked by unagme22, 1/22/2012
Categories: Reverse Mortgages, Late Stage Retirement, Retired
ANSWERS:
Answered by: HECM Saver, 01/25/12
Overall Rating: Be the first to rate it.

Hi,

I don't think this should be a problem, since you retain title to your home. You can run a business from a home with a forward mortgage on it. To be sure you can inquire through the form on right of the following page and talk to a lender about your question.

http://www.newretirement.com/Services/Reverse_Mortgage.aspx

Good luck!

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