I know they would be worse off refinancing at today’s rates even if they could find an alternative lender able to lend on older mobile homes.

Most DSCR lenders will require you to have a minimum credit score.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

I also suspect the vast majority of lenders will take exception to your mom being the 1st position lien (look up strategic default).

In addition to being a lender, I am an investor as well so if you want to give me a call so we can discuss your numbers, I'd love to help you out!

One requirement for this loan product is that the rehab must be completed by a licensed and insured contractor approved by the lender.

What would be my best approach, I assume find a private lender and work out some deal with them.All questions and answers will help thank you.Normally the lender for the reverse mortgage will start a foreclosure.

That may impact the amount you have listedYour most advantageous route for financing will be seller carry or finding a private lender.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

However, I do have a lender that can conduct an entity transfer with a commercial loan from 2 units and up.