Legal Question in Legal Ethics in Massachusetts
morgages and the elderly
my uncle 77 and aunt 71 got a 30 yr morgage on their property with no life insurance included from the morgage co., is that legle. is there anything i can do?
Asked on 4/13/09, 10:26 am
2 Answers from Attorneys
Michael T. Dwyer
LAW OFFICE OF MICHAEL T. DWYER
Re: morgages and the elderly
So long as there was no threats or they were misled in a fraudulent way, they can get a mortgage if they qualify. Maybe they got a reverse Mortgage which allows them to take out money from the house.
If you think its fraud contact teh AG's Office
Answered on 4/13/09, 10:42 am
Michael T. Dwyer
LAW OFFICE OF MICHAEL T. DWYER
Re: morgages and the elderly
So long as there was no threats or they were misled in a fraudulent way, they can get a mortgage if they qualify. Maybe they got a reverse Mortgage which allows them to take out money from the house.
If you think its fraud contact teh AG's Office
Answered on 4/13/09, 10:42 am
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