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As said, this forum is made up of people from all over the US and other countries. We arebnot a lending institution.

Is the person having problems keeping up their home. If so and up there in age, they need to sell the house and use the proceeds for a nice Assisted Living or apt. I consider elderly over 80 and then some 80 yr olds don't look or act elderly. No one at that age should be taking on a mortgage. Me, 74, will not buy another house, an apt or Trailer.

Are you talking about you helping someone. Of course you can help pay but it does not make you the owner. You must be on the deed and tax records to be considered an owner. If I was to help someone pay their Mortgage and it would be a sizeable amount, I would want an agreement made up, by a lawyer, allowing me to be on the deed. For no other reason than to be able to get the money I invested back if the house is sold.
If this is what you mean, there are ways to insure you get your money back but you need to see a lawyer.
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Elderly people should not be buying new properties and it's crazy to try to help an old person buy real estate.

Do you mean a reverse mortgage on a property that the elder already owns? That's different.

Helping someone access the money in their home if they need to is fine. So long as you get a good exchange price for the service.
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You've signed up to an international forum of caregivers to elderly loved ones here. We come here to ask questions and share our experiences with one another, that's it.
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Not sure I understand what you are asking... are you seeking financial help on an elder's behalf from this forum? If so, no.

Or, are you asking if "someone" (a private individual, adult child, relative) can or should help an elderly person pay for their mortgage? This is a question for an estate planner, financial planner, elder law attorney or Medicaid Planner for that elder's home state.
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We will need more information to help. Do you mean : can you (the letter writer) help arrange the mortgage? Help pay for it once signed? Help pay an existing mortgage monthly bills? Be a cosigner? Or other topic?

In any case, none of these are different between elderly vs not. The issue will be if the person is not fit to make his or her own financial decisions, and (a separate issue) whether he or she when competent assigned (or currently could assign if competent now) a financial power of attorney. Can you expand on the situation?
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