What arand e some reputable reverse mortgage companies?
My great grandmother is 80 and has quite a bit of credit card and medical debt but not much income. She owns her house outright, and compared to other options, a reverse mortgage seems to be the best option. It would make her life a lot less stressful. She realizes that if it isn’t paid back, her children won’t inherit the house. Anyways, what are some reputable reverse mortgage companies? How long should it take to process loan requests? How long (from the time of the intitial request) does it take to sign on the dotted line and get the money? She gets tired of creditors calling all the time not understanding that there is no money to give them.