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HUD also regulates the amount of money that can be withdrawn during the first year of your reverse mortgage.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 is Very Attentive at Answering Questions Larry is very knowledgeable of reverse mortgage products and very attentive at answering whatever questions you have and responds at late hours of the day and on weekends. He will also run reports for whatever scenario you want to see regarding any aspect of the process and effectively reviewing these reports and explaining them to you.    

Brian & Jean S — Dec 12, 2020

One of the Best When I started this process, I had no idea what was involved. Without Larry’s guidance and expertise, I don't think the result would have been as successful. Of all the people I've dealt with over the years, Larry is one of the best. He is the consummate professional and 5 stars just aren't enough.

Lee M — Mar 7, 2022

Larry was the Consummate Professional Larry was the consummate professional and helped to expedite this process. We had many questions and Larry always found time to answer all of them in promptly. He kept us apprised of the process and offered explanation of how our application could be viewed by underwriting. I highly recommend Larry and endorse the reverse mortgage. The process was very smooth and done in record time as we had requested. Many thanks.

Caryn U — Nov 23, 2015

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