owning your home

Yes you may most definitely do a Reverse Mortgage if your home is already paid for.

In fact, if you owe money on your home, you MUST pay it off with the proceeds from your Reverse Mortgage and you only get to use the balance of those funds for retirement.

You can learn more about qualifying for a Reverse Mortgage here:
http://www.newretirement.com/Services/Reverse_Mortgage_Who_Should_Consider.aspx

And, find out how much you qualify for here:
http://www.newretirement.com/Services/Reverse_Mortgage_Calculator.aspx

Hi Jchartrand,My name is Frank Martorana and I manage a reverse mortgage company. You are the best person for the RM program, you should have no problem qualifing.