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HUD also regulates the amount of money that can be withdrawn during the first year of your reverse mortgage.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

(195)

Larry Was Always Available and Patient Larry was always available, patient, knowledgeable, no problem talking to my children and answering their questions, explained and provided me with enough information that made me feel secure in my decision to have him handle my reverse mortgage. .

Susan G — May 11, 2023

I Give Larry 10 Stars! We looked at the reverse mortgage as a way to help increase our monthly income. We initially looked at selling our home but decided we really wanted to stay in our home. We were given Larry’s name by a Realtor and the rest is history. There were challenges that needed to be overcome, but Larry helped us through everything. I would recommend him to anyone. I give him 10 Stars!!      

Tim & Carol M — Mar 5, 2019

Helpful & Professional I appreciate how helpful and how professional my needs were met. The process was carried out in a timely manner, and when I needed to question anything, I was answered promptly. I am extremely pleased, thank you Larry, I would recommend you to anyone who is in need of this service. .

Stephanie J — Mar 7, 2023

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