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HUD also regulates the amount of money that can be withdrawn during the first year of your reverse mortgage.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

Couldn't be Happier Couldn't be happier, Larry is very knowledgeable and helpful. Highly Recommended!!      

Paul P — Sep 6, 2018

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

Reverse Mortgage It was a wonderful experience dealing with Larry McAnarmy. He is a true gentleman in every since of the word. He was thorough with everything and answered all our questions. He never pressured us and was very patient. The whole process was a lot more involved than I thought it would be but it all worked out fine.

Rex M. — Sep 9, 2014

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