How much money can I get?

The specific amount depends on several factors, including:

  • Your age
  • The type of reverse mortgage you select
  • Current interest rates
  • Appraised value of your home
  • Federal Housing Administration (FHA) lending limits

HUD also regulates the amount of money that can be withdrawn during the first year of your reverse mortgage. This is to help preserve your home equity for a longer period of time.

Verified Reviews

(223)

Great Job Larry was very helpful, answered my querstions not once but many times. He was very professional and polite.

Michael G — May 13, 2014

Larry was Very Knowledgeable Larry was very knowledgable and helpful...Great customer service! Closing went very smooth..    

Dan R — Jan 28, 2020

Larry Was Outstanding Larry was outstanding. This is our fourth reverse mortgage and the best yet. Larry kept in contact and helped throughout the whole process. I could not be more pleased. .

Bob & Carol H — May 17, 2023

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