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Updated about 2 years ago on .

User Stats

45
Posts
17
Votes
George Post
  • Boston
17
Votes |
45
Posts

Anyone Familiar with Medicaid and Real Estate?

George Post
  • Boston
Posted

So,

Looking to purchase either a second home or an investment property with my mother in-law.  She is swimming in Debt to Income, and I may need her to help qualify. However, I do not want her to take Title as she is getting older and has medical issues. So incase she needs to use Medicaid, I don't want a lien placed on the property. I have found a lending source that will keep her as a Non-Title holder. Will this stop Medicaid from going after the property if she is only a co-signer and not an owner?

TIA!

Best,
George