Posted on: 20th May, 2011 01:26 pm
I am an 80 year old widow and live alone. Can I qualify for a reverse mortgage on my mobile home
Do you own the land?
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.
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.
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.
