by Legendary Homes | July 17, 2014 | Modular Homes
Modular home financing for senior citizens is available through a program called FHA reverse mortgage. Seniors can apply to this program as long as they meet the requirements and are eligible. A FHA reverse mortgage application process generally takes about 30-45 days...
by Legendary Homes | July 17, 2014 | Modular Homes, Mortgage Lenders
The Federal Housing Administration or FHA has developed a program called the FHA reverse mortgage that helps senior citizens own their home. This program was realized because seniors were selling their homes, buying smaller, more affordable homes and then taking out...
by Legendary Homes | July 16, 2014 | Modular Homes
A new FHA reverse mortgage program can help senior homeowners relocate or downsize to a new home without giving up all their savings and save them thousands of dollars in the process. They don’t even have to sell their existing home first. The program comes at a...
by Legendary Homes | July 16, 2014 | Modular Homes
What is the FHA reverse mortgage? How will the senior modular home owners benefit from this? What are the requirements to successfully apply on this type of loan? A 62 year old or older can be part of the FHA’s Home Equity Conversion Mortgage (HECM) program as...
by Legendary Homes | July 15, 2014 | Allen, Modular Homes
A modular home is a financially sound, durable, quality-crafted home that could be exactly what you are looking for in your active retirement lifestyle. Solid construction materials and techniques are used in the construction of modular homes for senior citizens in...
