Fresno Reverse Mortgage Question about Manufactured Homes.

Mortgage and Lending with Fresno/Clovis/Visalia/Madera and surrounding communities NMLS ID# 582935


I live in a mobilehome and am over 62, can I get a reverse mortgage? Manufactured Home

Many mobilehomes (now referred to as Manufactured Homes) can qualify for a reverse mortgage if they conform to FHA Guidelines.  
the basics of the guidelines are as follows:
  • The home must be constructed after June 15, 1976
  • It must be taxed as real property.
  • It must have a permanent foundation.  
  • It cannot have been moved from it’s original site placement.
  • It cannot be in a flood zone.
  • It must be larger than 400 square feet.
If you are over 62 and live in a manufacture home that conforms to the above criteria, it will very likely qualify for a reverse mortgage.  Unless the home already has an FHA loan on it, you will need to have an engineers certification that the home has a compliant foundation.


Posted by

Jeri Carmicheal, Reverse Mortgage Consultant, Serving Fresno, Madera, Visalia and surrounding communities.

Comments (1)

John DL Arendsen
CREST "BACKYARD' HOMES, ON THE LEVEL General & Manufactured Home Contractor, TAG Real Estate Sales & Investments - Leucadia, CA
Crest Backyard Homes "ADU" dealer & Contractor

Jeri, RM's afre become more and more difficult on MH's but we're still getting them done. Please feel free to join our group:

I know I'm a little late to this party but I've been surfing old Active Rain Blogs on Manufactured housing to invite folks who have expereicne with them to join our Active Rain Group:

We've been in this industry since 1986 and offer engineered certification, affidavit of affixture and foundation retrofitting Nationwide. We work with all major lenders. Please join our group. We's love to have your contributions.


Feb 03, 2014 12:03 PM