The
MANUFACTURED HOUSING GLOBAL NETWORK
What do you want to know about manufactured housing?
Manufactured Housing Web Search
Home Search     Forum Search     Business Search    

Reverse Mortgage

Senior Mobile Home OwnersHere is a great solution for Seniors who own manufactured/mobile homes and are having financial difficulty, looking for way to combat the increasing cost of living, or for those who would just like to have some additional resources to enjoy retirement, the Reverse Mortgage is a product that could be an advantage.

A Reverse Mortgage is a loan that is guaranteed by the FHA for manufactured homes, but is different from a standard equity line in that:

  • The age of the youngest borrower must be at least 62 or above.

  • There is never a monthly payment as long as you live in the home. The loan is repaid from the proceeds of the sale of the manufactured or mobile home, or through other means, but only when the home is no longer the primary residence of the homeowner. Heirs or beneficiaries are never responsible for the loan.

  • There are no income, medical, or credit requirements.



Submit The Form Now! ------>

Reverse Mortgage

No Obligation.
No Initial Credit Check
Expected time to complete 3 minutes
Submit Now
For A Fast Reply
Name:
Does My Property Qualify?
All property owners are 62 or older.
I (we) own the land.
Home built after June 1976
Home installed permanently on property
If you checked all please continue
E-Mail Address
Day Phone
Second Phone
Comments or Questions:

By submitting your information in our form you grant permission to be contacted you via telephone or e-mail or both, even if you have previously listed yourself on any internal company, state or federal Do-Not-Call list.

  • There are multiple ways of receiving the funds including but not limited to: a lump sum, monthly payments (including plans for-life), or a line of credit that gains interest over time.

  • Any outstanding mortgages are automatically paid by the reverse mortgage. This guarantees that the owner now retains the home for life.

  • Funds generated from the Reverse Mortgage are income tax-free and do not affect social security or Medicare benefits.

  • All closings costs can be financed. To qualify your only out of pocket cost would be for a structural engineering report, (Costs range between $200-$500 depending upon location).

    Submit the short, easy form above for more details

 


Mobilehome Modualr Home and Manufactured 
Housing Web Sites
Top

MH Loan Finder         MH Book Value         MH Multiple Listing Service         Discussion Forums         MH Repo Liquidation
Yellow Pages         MH Parts Store         Insurance Quote         Home Finder Service        

© 2010 Express Network Solutions for the Manufactured Housing Global Network



Quantcast



6892 Page Views Since 12-19-06The file reversemortgagecounter.txt is not writable