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Reverse Mortgages for Manufactured Homes in Springfield Oregon
Can You Be Given A Reverse Mortgage with a Manufactured Home in Springfield OR? The quick response is yes. But you need to be aware of the additional costs, inspections and fees associated with getting a manufactured home reverse mortgage in Springfield. Reverse Mortgage FHA Guidelines For Manufactured Homes In Springfield Oregon 1. The home in Springfield must have been built on or after June 15th of 1976. Homes constructed prior to June 15, 1976, regardless of improvements, fail to meet the HUD specifications and cannot be accepted as certified with the HUD Code. FHA is not going to insure mortgages on manufactured homes made prior to June 15, 1976.…