Does VA do reverse mortgages?
William J Acres (William_Acres)
#74 ranked lender in Arizona - 8,728 contributions
VA does not, and there would be no benefit to you whatsoever if they did.. FHA offers RM's so long as you're 62 or older, and have sufficient income to pay the property taxes and insurance when they come due each year, you're approved.. regardless of your past credit history. 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. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com
Jericho Cherry (Jerichocherry)
#54 ranked lender in Virginia - 1,107 contributions
Sorry, but the answer is no.
Jason Vondrak (jvondrak)
#220 ranked lender in California - 1,741 contributions
No, the VA does not do reverse mortgages.
Steven Ceceri (123LoanYes)
#12 ranked lender in Rhode Island - 723 contributions
Hi Grace! The only Reverse Mortgage Program is offered through HUD. I'm providing a link for you to review with regards to how the program works and the general requirements. Good Luck! http://portal.hud.gov/hudportal/HUD?src=/program_offices/housing/sfh/hecm/hecmhome
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