The manufactured home must be on a permanent foundation that meets HUD/FHA specifications. The foundation work may be done at the time you apply and the cost cover from the Reverse Mortgage proceeds.

1. http://sandiegoreversemortgage.com

2.  The Reverse Mortgage Program is available to
any Senior Citizen Homeowner 62 and older.
 There are no “Means Tests”. Credit history,
income, assets etc are not factors in
qualifying.
 As long as a Senior is 62 and owns qualifying
property their application will be approved.

3.  The cost of getting a Reverse Mortgage is
High, primarily because of the HUD/FHA
Mortgage Insurance Premium.
 The government gets a 2.00% upfront
Mortgage Insurance Premium based on either
the appraised value of your home or
$625,500.00, whichever is less.

4.  The benefit available under the fixed plan is
very similar to the amounts available using
one of the adjustable rate plans.
 The H.U.D Monthly is by far the most popular.
 The H.U.D. Monthly Reverse Mortgage floats
above the 1 year Treasury Bill Index. If the
index goes up your rate will also rise. If it
falls your interest rate will fall.

6. Phone no : 800-481-9999
Address : 3045 Rosecrans St
San Diego, CA
92110

7. For More Details visit
http://sandiegoreversemortgage.com