In general, there is 4 years of college, followed by 4 years of  medical school, followed by 3 to 5 years of residency.   There are a few programs that combine college an â¦ d medical school to  6 or 7 years (depending on the program) instead of the 8 years.  A lot of school, but if it is your passion, well worth it!! You  need a medical degree, plus a residency in pediatrics. There are a few programs that combine college an â¦ d medical school to  6 or 7 years (depending on the program) instead of the 8 years.   A lot of school, but if it is your passion, well worth it!! You  need a medical degree, plus a residency in pediatrics.
You must own your home. For some reverse mortgage loans you must be at least 60 years old and for others you must be at least 70 years of age and have a low income. Note: For FHA reverse mortgages (HECM), you must be at least 62 years old. Your home must be your primary residence; you must live in it for more than half of the year.
To qualify for a reverse mortgage, the homeowner must be at least 62 years old and have sufficient equity in the house. The size of the loan depends on the value of the home, the age of the youngest borrower and how much is owed on the house.The owner must pay property taxes and insurance. home equity loan in which the borrower is not required to make payments. The homeowner must be at least 62 years old. A reverse mortgage accrues interest and does not have to be repaid until the homeowner dies or moves out of the house.