In cases where there the title falls under a trust or if there is a Power of Attorney involved, documentation is extremely important. The title company will need documentation of the trust and/or Power of Attorney, including doctors’ notes if anyone on the title is incapacitated.
If one person does happen to be incapacitated, that person should have two doctors’ letters upfront, since almost all trusts have this requirement. Without documentation, the process can be set back.
In the case where there is a Power of Attorney who is aware that the person is incapacitated, one doctor’s letter will be needed.
The reverse mortgage must hold the first lien on the property. Therefore, any outstanding liens must be paid off at closing.
If there is an IRS lien on the property due to unpaid taxes, could add time to the process.
If there are any names of deceased individuals on the title, the borrower will need to provide information regarding the deceased person. Documentation will help avoid delays and surprises throughout the process.
Being prepared with a death certificate will help move the process along.
Article Source: https://reverse.mortgage/power-of-attorney
Additional Resource: https://search.aarp.org/gss/everywhere?q=Reverse%20Mortgage%20Power&intcmp=DSO-SRCH-EWHERE