Reverse mortgage legal question

Asked almost 2 years ago - New York, NY

Can my spouse get a reverse mortgage on property that we own jointly without my signature/consent?

Attorney answers (3)

  1. Robert A. Stumpf

    Contributor Level 19

    1

    Lawyer agrees

    Answered . No.

    This is AVVO, a place for users to obtain general legal information to general legal questions. I am glad to help... more
  2. Eric Edward Rothstein

    Contributor Level 20

    1

    Lawyer agrees

    Answered . I doubt anyone would lend unless all the owners sign.

    I am a former federal and State prosecutor and now handle criminal defense and personal injury/civil rights cases.... more
  3. Richard J. Brickwedde

    Contributor Level 12

    1

    Lawyer agrees

    Answered . The most your spouse could mortgage would be their interest in the property; because, presumably (depends on the wording of the deed) you would have a right of survivorship, it is unlikely anyone would give your spouse a reverse mortgage.

    My answer to your question is for general purposes only and does not establish an attorney-client relationship,

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