Home in Foreclosure!

Laurie Denker MacNaughton © 2026

“I heard your company has a loan that gets older homeowners out of foreclosure. Do you know what they’re talking about?”

Yup—yes. Yes I do.

Well, at least I know a reverse mortgage may provide a way to get aging homeowners out of foreclosure.

If homeowners who age-qualify for a reverse mortgage have sufficient equity to make a reverse mortgage work, we stand a significant chance of saving the home.

Homeowners will almost certainly ALSO need enough equity so we can set up a life-long property tax and homeowner’s insurance set-aside (think: big “escrow”), but so long as we can do this, we can move forward with a reverse mortgage application.

Every year we save aging homeowners from foreclosure, and this year is right on track.

Does this mean we can save every home? Of course not.

But because reverse mortgage credit guidelines differ significantly from those surrounding forward mortgage guidelines, we should run numbers to see if we can provide a solution.

Give me a call. I always love hearing from you.

Laurie