Legal Question in Wills and Trusts in California
Can you get a reverse mortgage if you have a lady bird deed in California?
Asked on 12/29/10, 11:01 am
2 Answers from Attorneys
Anthony Roach
Law Office of Anthony A. Roach
California doesn't call them "Lady Bird" deeds. Lay people use this term to refer to revocable deeds, and sometimes also enhanced life estate deeds. You need to be specific as to the underlying transaction for a definitive answer.
Answered on 1/03/11, 12:27 pm
This is not a legal question. It is up to the underwriting policies of the lender. Ask your mortgage broker if they can find a lender for you.
Answered on 1/26/11, 10:25 pm
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