Can I Get A Reverse Mortgage On My Doublewide Mobile Home With Land That Is

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Can I Get A Reverse Mortgage On My Doublewide Mobile Home With Land That Is

Can I Get A Reverse Mortgage On My Doublewide Mobile Home With Land That Is On A Permanent Foundation And Recorded In The Courthouse In Lake Charles,La. As Real Property,Even if it is In a Flood Zone?

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Anonymous
17-08-2015

2 Answers

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You'll have to check that with your current mortgage lender. In order to qualify for reverse mortgage, your property must have equity in it and your lender may verify your credit as well as employment history before you granting you with a loan.

Comment

Caron | Asked on 2015-08-19

Possibly What is it worth and what do you owe - what is the age of the youngest person on titleThere is a formula - the younger you are the more equity you need Brian Barnes Nationwide Mortgages Brian@Aimwithfocus.com

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brian1 | Asked on 2015-08-19

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