Can I rent out a room of my home?

By , Posted on Sep 24, 2015

Yes. As long as you are residing in the home as well, and are not gone for 12 months in a row (see above) you are welcome to rent out a room. If the dwelling is a split-level or multi-family home, the only requirement is that you maintain permanent residence in one of the units (there may not be more than 4 units to qualify for a Reverse Mortgage).


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