Do both spouses have to be 62 to get a reverse mortgage?

Both husband and wife must be 62 or over. This is only true, of course, if the property is titled in both names, typically called a joint tenancy when between a husband and wife.There are reverse mortgage specialists on this site, and if they have another option, they will inform you. Good luck.

If you are 62 years or older and have equity in your home, a reverse mortgage may be right for you. For additional information on http://www.reversemortgagelendersdirect.com/north-carolina-reverse-mortgage/ to contact a Reverse Mortgage specialist. They would be happy to meet with you at your convenience to explain the program and process and to review your needs.