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Can I get a reverse mortgage on a manufactured home?

by lillian_mcintyre174 from Austin, Texas. Nov 22nd 2013 Reply


Jamie Lynne (nationwidelenderforyou)
#137 ranked lender in Texas - 576 contributions

Yes, we offer REVERSE mortgages on manufactured homes nationwide. Feel free to contact us at 800 315 8803, 7 days a week or email me at Jamie@bartprequalifies.com - I have been lending since 1987

Nov 22nd 2013
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Dave Metsker (DaveMetsker)
#35 ranked lender in Oregon - 2,318 contributions

Yes, I just closed a reverse mortgage on a mobile home not too far from you.It must be a double or triple wide, built after June 30, 1976, and you must own the land, and you must be over 62 years of age. It is that simple. I do nothing but reverse mortgages, and I have been in the loan industry over 30 years, and am a senior myself. Please contact me, Dave Metsker, at primefinancial@frontier.com. or 1-855-620-2239. Thanks for your interest.

Nov 22nd 2013
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William J Acres (William_Acres)
#74 ranked lender in Arizona - 8,728 contributions

Possibly.. you can only get a mortgage on "REAL" property.. so if you have a manufactured home in a park where you do not own the land, then NO.. Assuming the manufactured home is architecturally attached and a certificate of affixture was recorded with your county, then your MFH is considered real property, and so long you and the property qualify, then you can.. .. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com

Nov 22nd 2013
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Gilbert Barteau (gbarteau)
#100 ranked lender in Texas - 41 contributions

William, manufactured homes are eligible for FHA Reverse Mortgage Loans. There are certain restrictions, as others have noted, and the foundation must meet FHA standards. I am a RM originator, located in Texas. Call or e-mail me for more information. gbarteau@americashloans.com 214-360-9991.

Nov 22nd 2013
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Sean Young (SeanYoung)
#1 ranked lender in Colorado - 1,112 contributions

Yes :)

Nov 22nd 2013
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Jericho Cherry (Jerichocherry)
#54 ranked lender in Virginia - 1,107 contributions

Yes you can, but only if it meets all of the FHA guideline for mobile homes.

Nov 23rd 2013
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