A reverse mortgage line of credit used in the right way can be a valuable financial planning tool.
Learn more about navigating the complicated rules of reverse mortgage qualification and how Premiere Reverse Mortgage can assist you.
If you are interested in an FHA reverse mortgage, and your property has a well or septic tank, there are some specific requirements you will need to be aware of.
Some of the common complications regarding appraisals on rural properties include excess acreage, multiple buildings, and uncommon property type.
Some lenders don’t do reverse mortgage loans on manufactured homes at all. The good news is that there are plenty of lenders that do allow manufactured homes, and the property type is definitely acceptable to HUD—with some exceptions.