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HUD also regulates the amount of money that can be withdrawn during the first year of your reverse mortgage.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

(233)

Larry is Very Professional and Helpful Larry has been very professional and helpful in the reverse mortgage process. He always kept me updated during this process and giving me feedback. Thank you Larry    

Rogeilo C — Nov 14, 2020

Informative & Professional I worked with Larry McAnarney and he was very informative and professional. Everything went smoothly with the reverse mortgage and I was very pleased with the transaction.      

Mark G — Mar 27, 2019

A Pleasure to Work With Larry was a pleasure to work with. He was very knowledgeable, pleasant, and patient with our endless questions and phone calls. He kept us updated with the next steps both by email and phone as well as providing us with a packet of information which helped us understand the reverse mortgage process. We would certainly recommend him to anyone considering a reverse mortgage      

Bud & Betty C — Dec 5, 2018

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