QUESTION:

Age of manufactured home

Do manufactured homes made prior to 1976 qualify for reverse mortgages? Home is paid for, resided in year-round and we own the land it is on.
asked by JanMae, 11/8/2008
Categories: Retired
ANSWERS:
Answered by: Tamera, 11/09/08
Overall Rating:

Im sorry to say that homes manufactured after June 1976 are ineligible for a reverse mortgage.

Tamera Field
Reverse Mortgage Consultant
now with Golden Gateway Financial.
goldengateway.com
877-632-7890

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