A condo in a HUD approved homeowners association (like Rossmoor) is qualified for reverse mortgage. Co-operatives are not eligible for a reverse mortgage according to HUD. From time to time there is a proposal to add Co-ops to the eligibility but as of today that is not the case. Single family homes both with and without homeowners associations and manufactured homes are also eligible for a reverse mortgage. Manufactured homes have to meet several additional requirements to qualify.