It is possible to take out a reverse mortgage on a condo, and you are right in saying the condominium project must be approved by HUD (Department of Housing and Urban Development). If you meet the criteria for a reverse mortgage, the team of professionals here at AAG will be able to tell you if your condo is approved. If we find out it isn't, then we can provide you with a list of items that are needed in order to get the condo approved. Make a call to us today so we can let you know more.

If you want to know more about reverse mortgages, please place an order for our educational DVD or phone us on the number provided. It will guide you through the entire process and let you know about the changes we can help you make to your life.

Disclaimer: The response above is not intended to be anything other than the educated opinion of the author. It should not be relied upon as financial advice. America Advisors Group recommends speaking directly with an AAG Reverse Mortgage Professional regarding your specific situation and needs. Please call 1 (800) 466-0572 to receive AAG's information pack with a FREE DVD and Brochure featuring Former Senator Fred Thompson.