If you are talking about applying for a reverse mortgage loan on your current property you would be best served to talk to a lender first and foremost because the requirements are changing daily if not hourly. These loans are still available to homeowners, but the qualifications are most strict and you may not be able to borrow as much money as you once could have. It will also depend on your credit qualifications. If you would like the contact information for a great lender who will definitely be able to give you more details, please don't hesitate to email me.
Taylor Plumblee, Realtor
The Linda Hutchinson Team