Applied for a reverse mortgage but got denied because the borrower was not on the title

Pretty simple rule. You can't get a loan on a house you don't own. But, becoming an owner is pretty easy. You just need the current owners to add your name to the title with a document called a Quit Claim deed. After that is done, you are an owner, and can apply for financing on that property. The other owners don't have to be actually on the new loan itself, but they DO need to sign loan paperwork acknowledging they are aware of, and it is OK for you to get a loan on the property. The current owners can also use that same document to sign the house over to you completely, and remove themselves from ownership. Of course if you are then the sole owner, you can do what you want. Talk to a local mortgage broker about your exact situation. I lend for properties in MN WI IA SD ND. Find me at JoeMetzler.com, Cambria Mortgage, NMLS 274132