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HUD also regulates the amount of money that can be withdrawn during the first year of your reverse mortgage.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

Top Notch, Very Professional When I was referred to Larry my experience with him was just wonderful. He was available for all my questions and had all the answers. He explained everything in detail and said it in terminology that was very easy to understand. From the initial information about a reverse mortgage to giving advice about the house inspection. If anyone would ask me about a reverse mortgage I would not hesitate to give them your name Larry.

Roberta M — Jul 24, 2015

Wouldn’t Think Twice I've had several businesses over my lifetime, and a lot of employees, and wouldn't have to think twIce before hiring Larry, great agent. Very helpful      

Kerry D — Dec 7, 2023

Larry Made it Great Larry McAnarney made it great. Give him a raise. .

Kathryn G — May 16, 2023

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