Reverse for Manufactured Housing

Reverse for Manufactured Housing

KRIS CZELUSNIAK KRIS CZELUSNIAK

KRIS CZELUSNIAK

Account Executive at Plaza Home Mortgage, Inc. Company NMLS 2113 “Equal Housing Lender” MLO NMLS 1290147

发布日期: 2024年10月4日
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Provide senior borrowers living in manufactured homes with a financial solution that meets their unique needs with reverse loans from Plaza Home Mortgage? Key Eligibility Criteria for Manufactured Homes:

  • HUD Certificate Label and Data Plate (affixed to home, if not, an IBTS report is required)
  • Property must be built on or after June 15, 1976
  • Property must be classified as real estate
  • Includes typical hazard insurance, Master Policy and Individual Liability Insurance
  • The borrower must own the land their home is attached to
  • Structural Engineer report is required (recommended to order during underwriting)
  • If the complex has a condo distinction, it must be FHA Approved
  • Plaza can provide a DELRAP approval if it meets FHA guidelines

Ask me how reverse mortgages an excellent fit for your clients can be to help secure their financial future. I’m here to help you navigate through the reverse mortgage process with ease.

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