Reverse mortgages historically have been only offered through FHA and for many years, seniors who lived in Condos were eligible to use one for their particular unit, even if the project was not approved by FHA. But 10 years ago, "spot Condo checks" were eliminated, shutting out many seniors who could not get the loan because their Condo project was not on the Approved FHA list. But that is about to change. Read more here. https://www.reverseloanconsultant.com/