Live in the property as their primary residence.Federal guidelines on reverse mortgage eligibility maintain that borrowers must: ![]() So, no matter where you take your mobile home, the FHA and HUD will mandate the same criteria. That’s because the government backs the HECM program, which is supervised by the US Department of Housing and Urban Development (HUD) and guaranteed by the Federal Housing Administration (FHA). The requirements for reverse mortgages are the same all around the country. In addition to mobile-home specific eligibility requirements, it’s important to be aware of the more general HECM eligibility requirements.
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