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QUESTION:
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Who does Non FHA Reverse Mortgages |
| What about non FHA homes? |
 | asked by dennisbennett, 2/27/2011 |
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Categories:
Late Stage Retirement, Retired, Reducing Retirement Expenses, Reverse Mortgages
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| ANSWERS: |
| Answered by: Jason B, 03/01/11
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Unfortunately, homes that are not approved by the FHA for reverse mortgages are generally not eligible for reverse mortgages at all. While private reverse mortgage programs are not required to use FHA designations to perform a reverse mortgage, in practice they generally do so. Login to rate this answer: |
| Answered by: whyhecm, 03/30/11
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Hello, I'm guessing you have been told you don't qualify for an FHA Reverse Mortgage? I have helped many Senior Homeowners who have been told by other lenders they don't qualify for an FHA reverse mortgage. I recommend a 2nd opinion. Best Regards, Anthony Login to rate this answer: |
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