Posted on: 17th Jan, 2010 12:08 pm
I own a 1974 double wide. I have acerage that the home sits on, and home has never been moved off property. Am I qualified for a reverse mortage? I am soon to be 63 years old and have a balance of approx 36000 on mortgage.
Unfortunately, no. HUD says it has to be manufactured on or after June 15, 1976, to qualify for a Reverse Mortgage.