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The minimum qualifying age for a reverse mortgage is 55

Don’t forget to include your spouse’s age, even if they are not yet 55, as loan proceeds are always based on the age of the youngest spouse.

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From America's #1 Rated Reverse Mortgage Lender

Posts Tagged 'rels appraisal'

Wells Fargo Reverse Mortgage Complaints – RELS Appraisal Practices

April 7, 2011 34 comments

Wells Fargo News 06/16/2011: Wells Fargo Closes Reverse Mortgage Lending » We have a problem. My wife and I started a reverse mortgage with Wells Fargo and after almost 65 days, we still didn't have approval. We called our agent and when he does take the call or calls us back - which is rare - he says everything is...
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