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HUD also regulates the amount of money that can be withdrawn during the first year of your reverse mortgage.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

(219)

Informative & Always Available Larry was very informative and always available when I had questions. I was very pleased with everything, including the closing. I have already recommended him to other people that might be interested. .

Jim B — Mar 21, 2023

Excellent Source of Information Larry was an excellent source of information for a reverse mortgage and made my husband and myself comfortable that this product was the correct one for us.      

Paul & Marsha A — Oct 28, 2024

Professional, Thorough, and Patient My husband and I found Larry McAnarney professional, thorough, and patient with our many questions. We found his detail unfailing and appreciated his rapid, meticulous responses and on-time arrivals in the most challenging weather

Daniel & Lisa W — Mar 1, 2019

Read More Reviews