Types of Homes That Qualify for a Reverse Mortgage
Most single-family homes, 2–4 unit properties where you live in one of the units, FHA-approved condominiums, and many manufactured homes that meet FHA standards can qualify. The home must be your primary residence and meet FHA property requirements, which an appraisal confirms.
Key points
- Single-family homes and many condos qualify
- 2–4 unit homes if you live in one unit
- Must be your primary residence
- Must meet FHA property standards