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can you help us

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jus4di37 Joined: 04 Apr 2011 Posts: 1 1.26 Dollars($)	Posted: Mon Apr 04, 2011 12:17 pm    Post subject: can you help us Like 0 Dislike 0 we want to do a reverse mortgage on a manufactured home. we owe $128,000.00 we have been told we can't
smithsussane Joined: 18 Sep 2008 Posts: 10439 Location: Alaska 985.83 Dollars($)	Posted: Mon Apr 04, 2011 8:05 pm    Post subject: Like 0 Dislike 0 Hi jus! Welcome to forums! In most cases, the lender will want you to own the property free and clear in order get a reverse mortgage. Moreover, as it is a manufactured home, lenders won't be ready to give you a reverse home loan as they are concerned about the value of the property. Feel free to ask if you've further queries. Sussane
raymond Community Expert Joined: 03 Jul 2009 Posts: 1189 Location: Irvine, California 27.86 Dollars($)	Posted: Tue Apr 12, 2011 7:20 am    Post subject: Like 0 Dislike 0 >>we have been told we can't What reason did they give you? _________________ Raymond Denton www.RaymondDenton.com

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