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Reverse mortgage on solely owned home

Reverse mortgage on solely owned home

Want to take out RM on August 19, 2014 on sole property in California. This is a manufactured home of 2800 sq. ft. on 17 acres of oceanview property.


Anonymous's picture
Anonymous (not verified)
28-04-2014

2 Answers
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If the home is FHA eligible (permanently attached to a foundation) then you may be ok provided you are at least 62 the draw back is that at 62 the amount you will get is minimal - the older you are the more you will receive   Brian Barnes ENGLending 50 States Lender

brian1 | Asked on 2014-04-29


1
We offer REVERSE mortgages on manufactured homes. Feel free to contact me through my profile or call 800 315 8803

lucie.c.elliott | Asked on 2014-04-30

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