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You Condo Do Mortgage A Can A Reverse On – FHA Lenders Near Me – So much depends on your age, the terms, if you have heirs, and your future plans, like moving to an assisted living facility. Most credit unions have a. You can get a reverse mortgage if you own a condominium, as long as it is your principal residence. reverse mortgages are not limited to single-family detached homes.

Can You Take Out a Reverse Mortgage on a Mobile Home? – Can you get a reverse mortgage on a rental property? Learn more about how people are using home equity conversion mortgages for purchasing homes: Please keep in mind that the reverse mortgage industry is constantly changing and some of the information contained on this site may not be current.

Frequently Asked Questions About Reverse Mortgages | Know. – Can I add a borrower to the reverse mortgage? No, reverse mortgages do not allow co-borrowers to be added after origination. Where can I get help if I am struggling to pay my property-related expenses?

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Reverse Mortgages: Foreclosures & Scams | Nolo – With a reverse mortgage, you generally don’t have to pay back the loan until you die, move, or sell the home.. Learn about reverse mortgages — and whether you are a good candidate for one.. Can I get a reverse mortgage on a condo?

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Here’s what you need to qualify for a reverse mortgage What to expect when applying for a home equity conversion mortgage. April 6, 2017.. HUD-approved condominium project;