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Reverse Mortgage Mobile Home - No Land

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dcolasurdo@hotmail.com

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Post Posted: Mon Jun 06, 2011 6:44 am    Post subject: Reverse Mortgage Mobile Home - No Land
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Do you have the names of any lenders that do reverse mortgages on mobile homes in a park but we do not own the land?
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Icon Mini Profile jameshogg
jameshogg




Joined: 20 Dec 2005

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Location: Nevada
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Post Posted: Mon Jun 06, 2011 9:09 pm    Post subject:
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Hi dcolasurdo,

Reverse mortgages are hardly available on mobile homes. Moreover, as you do not own the land it will be further difficult for you to qualify for a mortgage. Nevertheless, you should contact the local reverse mortgage lenders and start applying for loans in order to check out if they will be able to give you a loan. This community, too, has a large number of lenders. You can seek a no obligation free mortgage quote from them and get to know whether or not you can qualify for a loan.

Thanks
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