Are reverse mortgages possible on mobile homes for seniors?

Reverse Mortgages are a very specialized product and people that do them well and can answer all of your questions, typically only do Reverse Mortgages. I would strongly suggest you speak directly to a Reverse Mortgage Specialist.

Yes. The senior(s) must be 62+, own the land as well as the mobile home, and it can not be a single wide, or manufactured prior to June 30, 1976. There need to be 3 similar mobile home properties in the area, that have sold within the last 12 months. There are no income or credit limitations.

Yes, you can get a reverse mortgage on a manufactured home so long as the home meets HUD's minimum requirements. Give me a call at 901-877-8106 and we can discuss further.