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Reverse Mortgages are now eligible for Condos

October 4th, 2019 3:47 AM by Fred Rossi

Condos are now eligible for FHA financing. This change also applies to reverse mortgages providing a boost to those who want to retire and stay in place. Beginning October 15th, FHA will start issuing case numbers for condos.  This is a great move to make housing more available to a broader group of home owners. 

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Posted by Fred Rossi on October 4th, 2019 3:47 AM