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reverse home mortgage for mobile home

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beejay31@cfl.rr.com

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Post Posted: Fri May 20, 2011 1:26 pm    Post subject: reverse home mortgage for mobile home
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I am an 80 year old widow and live alone. Can I qualify for a reverse mortgage on my mobile home
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Icon Mini Profile chrisgummerson

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Post Posted: Fri May 20, 2011 3:07 pm    Post subject:
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Do you own the land?
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Post Posted: Fri May 20, 2011 8:50 pm    Post subject:
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Hi beejay,

You meet the age requirement in order to qualify for a reverse mortgage. You should contact the local reverse mortgage lenders and apply for a mortgage. This community has a large number of lenders. You can seek a no obligation free mortgage quote from them and check out if they can help you in getting a loan.

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Icon Mini Profile raymond
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Post Posted: Sat May 21, 2011 4:24 pm    Post subject:
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Your home must be manufactured after June 15, 1976, to qualify. Additionally, it must be classified as "real property". That means you need to own the land and your home must have a HUD-approved permanent foundation.
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Raymond Denton
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