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HUD also regulates the amount of money that can be withdrawn during the first year of your reverse mortgage.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

(224)

Larry Explained Everything Larry did a great job of explaining and guiding us through a reverse mortgage. Much more complicated than we had thought. You need a lot of help and Larry was there to provide it.    

Alan & Donna C — Mar 23, 2020

Larry Was Always Available and Patient Larry was always available, patient, knowledgeable, no problem talking to my children and answering their questions, explained and provided me with enough information that made me feel secure in my decision to have him handle my reverse mortgage. .

Susan G — May 11, 2023

Helpful & Professional I appreciate how helpful and how professional my needs were met. The process was carried out in a timely manner, and when I needed to question anything, I was answered promptly. I am extremely pleased, thank you Larry, I would recommend you to anyone who is in need of this service. .

Stephanie J — Mar 7, 2023

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