Help Mental Illness Stay Stable

First, I want to say thank you for reading this and considering helping me out.

I am hoping to raise enough money over the next 5 years to pay off a reverse mortgage so I can have a place to live that helps keep me mentally stable by sparing me the stress of frequent moves due to unaffordable rent.

I have a mental health disability. To remain stable, I need a place to live that I can afford. Right now, I am stable while living with the support of my mother who takes care of the utilities and groceries. She owns her home but had to take out a reverse mortgage to maintain the house. I need to be able to pay off that mortgage if I am to keep the house after she passes away. If I can't pay off the mortgage, I will have to move to an apartment where the rent goes up once a year and gradually eats away at the small Social Security check I get. That will put me in a situation where I have to move a lot and the stress of all of that will cause me to end up hospitalized and more in debt for medical bills. I've been through that experience over and over again before moving in with my mom. I would also end up homeless at times because I could no longer afford rising rent.

The small cost-of-living raises I sometimes get with Social Security always end up getting eaten up by increased Medicare costs. So, I can't count on that to offset yearly rising apartment rent. For example, after this year's cost-of-living raise, I ended up with a net $1 increase in income after increased Medicare and drug costs.

My mom used the money from her reverse mortgage to fix and replace the major expenses that go along with maintaining a house. So, if I can pay off the mortgage, I will have a well-maintained home. Also, I can use the money I would have otherwise given for rent to pay for home owner's insurance and property taxes.

I have looked into the idea of getting a mortgage loan to pay off my mother's reverse mortgage. But, I'd need to be able to save up a down payment and that isn't really feasible since I pay rent to my mom and have hospital and medical bills to pay off. I have no money to save. My credit has also been affected by my hospital bills which I can only afford to pay off, one at a time, at $20/month. I know they say that medical bills don't impact your credit rating but they do until you can get around to paying them. In the mean time, they are reported as collection accounts on your credit file.

Thank you again for considering my request. I can provide an account number for the mortgage if you'd prefer to pay to it directly.