Mom owns a home and did a reverse mortgage years ago. She is now in a long-term care facility. CanMom owns a home and did a reverse mortgage years ago. She is now in a long-term care facility. Can she gift the house to me? Can I refi at the current market value or will I have to qualify to refi the loan at the value of the house when she did the reverse mortage, as the house is upside down?August 17 2012 - Sacramento00YesReport 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.