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HUD also regulates the amount of money that can be withdrawn during the first year of your reverse mortgage.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

(229)

Larry was Very Professional Larry was the best! Very professional. I'm in the real estate business as a Broker and Certified Appraiser I will pass his name and firm on to all my real estate friends. Thanks Larry

John M — Oct 6, 2022

This Has Been a Great Tool for Us Larry did a great job explaining the reverse mortgage process to my family. This has been a great tool for us. I highly recommend Larry for your reverse mortgage needs Brian V    

Brian V — Oct 12, 2016

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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