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QUESTION:
reverse mortgage when running a business out of your home
We live in a little motel and rent out 10 rooms, can we qualify for a reverse mortgage? We are in our 70's and the motel is paid off.
	asked by shannon2938, 3/29/2009
Categories: Home Jobs, Reverse Mortgages, Reverse Mortgage, Work and Retirement

ANSWERS:
	Answered by: Editorial, 03/30/09 Overall Rating: Be the first to rate it.
Some programs may accept 2-4 unit owner-occupied dwellings. Your situation sounds very unique and would probably be best answered by a qualified broker. NewRetirement can connect you to a prescreened lender here: https://www.newretirement.com/Services/Reverse_Mortgage_Advice.aspx Login to rate this answer: