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can you get a reverse mortgage on a mobile home in oklahoma

by burnett1d575 from , California. Apr 14th 2017 Reply


Larry Gray (lgray_312_247)
#597 ranked lender in California - 1,139 contributions

Please note the longer answer already per this question that has been repeated twice. The short answer is it is possible to get a reverse mortgage on a mobile home with a permanent foundation.

Apr 14th 2017
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William J Acres (William_Acres)
#74 ranked lender in Arizona - 8,728 contributions

More info needed. but in general.. for mobile home financing, the property must be "Real" property.. in other words..the home must be architecturally attached to the ground and be classified by the county as "Real Property".. you must own the land the home sits on, the axles removed and the home "Ground set".. If this is your scenario, then yes.. it's possible to get a reverse mortgage on this type of property.. but because it's a manufactured home, then the amount of lenders out there that do them are limited.. I'm a preferred Lender with Arizona and California being my primary markets. 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 NMLS# 226347 / RPM Mortgage NMLS 1541014 / AZMB0121893

Apr 17th 2017
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