Question:

Mortgate insurance to cover 85 year old homeowner?

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Mortgate insurance to cover 85 year old homeowner?

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  1. What's the question?


  2. Mortgage insurance is life insurance, and at age 85 you are no longer insurable by any company because you are a high risk. So sorry...

  3. yeah, well, good luck on that - it's called "a savings account".  That loan will have to be fully secured, because I'd bet just about anything they aren't going to live long enough to pay off a 30 year mortgage.  You're not going to get ODDS.

  4. Elaborate here.

  5. What exactly do you mean by "mortgage insurance"?  Life insurance?  Not obtainable at that age.

  6. Are you looking for insurance?

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