• Nichole Fox

Can I get a Reverse Mortgage Loan on a vacation or rental property?


One of the conditions required to get a reverse mortgage loan, is that you must live in the property as your primary residence.


However, with a reverse mortgage, you may choose to use the proceeds any way you like. If you would like to purchase a vacation or rental property, you are free to do so. We do suggest that you discuss your plans with your HUD appointed counselor as well as your personal financial advisor.

(888) 659-0033

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*Product offered is a loan and lender will place a lien on subject property. Borrower is responsible for paying property taxes, homeowner's insurance and home maintenance. Loan is subject to foreclosure for failure to pay taxes and insurance to maintain the property and to comply with loan terms. Loan Officers' primary objective is to provide a loan to the consumer. Individuals portrayed in photography are not actual borrowers.