The Listen to Lawrence Letter: Home Equity Loans for Houses in an Irrevocable Trust

July 16, 2026
July 16, 2026 • Volume 7 Issue 462
NOTICE TO MY READERS

A few weeks ago, I posted a LISTEN TO LAWRENCE LETTER stating that you can not get a home equity loan on your house when the property is held in an irrevocable Medicaid trust.

Frank Melia, who has been on the forefront of loaning to irrevocable trusts for many years, tells me that it can be done in certain circumstances. If this is something you are interested in, please get in touch with Frank. I put his contact information below, but consult with me before you proceed with signing papers so that we can dot the i’s and cross the t’s.

I hope this helps!

Frank Melia, CMPS

Division Manager

Senior Loan Originator

NMLS# 62591

 

990 Stewart Avenue, Suite 660

Garden City, NY 11530

Branch NMLS ID# 34384

Office:  888.954.7463

Cell:    516.729.3438

Fax:      1.631.542.8206

Email:  Fmelia@contourmtg.com

Web:   mypage.contourmortgage.com/frank-melia

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