How long do I have to live in my home to qualify for a reverse mortgage?My son is quick deeding a house to me. I'm 64 yr old. House is pd for. Can I do a reverse mortgage right away to make improvement?. It will be my primary residence.June 13 2011 - Mesa00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.