pinny220, Home Buyer in Bridgeport, CT

Does a condo in Bpt. Ct have to be FHA approved to get a reverse mortgage. I currently have mortgage on the property.

Asked by pinny220, Bridgeport, CT Sun Aug 11, 2013

Help the community by answering this question:

+ web reference
Web reference:

Answers

1
Tammy Russell, , Salem, CT
Sun Aug 11, 2013
Typically the home has to be paid off in order to get a reverse mortgage. Talk to a lender about possible taking out a second mortgage or an equity line of credit.
0 votes
Search Advice
Search
Ask our community a question

Email me when…

Learn more