"If this is an FHA loan it can be reversed mortgage, if there is enough equity you cold sell, they pay you a check a month"
Yes, FHA Genni Mae(sp?)
Does NACA give advice about reverse mortgages?
If NACA does modify my mortgage to a lower interst rate will it be a new mortgage? In other words, I only have 5 years left on current mortgage will NACA give me a new mortgage of 15 years or more or will it just lower my interest rate on my current mortgage?
If I could just somehow survive 5 more years of payments, my house would be paid for and no more mortgage worries.
