{"data":{"id":"us-wv/w.-va.-code-47-24-6","jurisdiction":"us-wv","citation":"W. Va. Code § 47-24-6","heading":"Treatment of reverse mortgage loan proceeds by public benefit programs.","body":"Notwithstanding any law relating to payments, allowances, benefits or service provided on a means-tested basis, including, but not limited to, supplemental security income, low-income energy assistance, property tax relief, medical assistance and general assistance:\n(a) Reverse mortgage loan payments made to a borrower shall be treated as proceeds from a loan and not as income for the purpose of determining eligibility and benefits under means tested programs of aid to individuals.\n(b) Undisbursed funds shall be treated as equity in a borrower's home and not as proceeds from a loan for the purpose of determining eligibility and benefits under means-tested programs of aid to individuals.","path":["CHAPTER 47. REGULATION OF TRADE.","ARTICLE 24. THE REVERSE MORTGAGE ENABLING ACT."],"source_url":"https://code.wvlegislature.gov/47-24-6/","current_through":"as of 2026-08-03; contains at least the enactments of the 2026 Regular Session","vintage":"","retrieved_at":"2026-09-06T00:30:16Z","sha256":"0f99385925e193b75f4b279e3e991895790a80273b611a4fccfe2c8e66431b16","source_id":"us-wv","stale":true,"prev":"us-wv/w.-va.-code-47-24-5","next":"us-wv/w.-va.-code-47-24-7"},"notice":"GroundRules: Original legal text. Not legal advice."}
