This in essence will raise the ceiling of a reverse mortgage to 150% of the Freddie Mac limit, which would set the bar to around $625,500. If Freddie Mac’s limit changes, the HECM limit would adjust accordingly.
Back in the summer of 1991 I had the pleasure[…]
When my father retired in 2003, the first thing that[…]
This blog is being written by friends, family, and team members of One Reverse Mortgage. We have many years of experience in the reverse mortgage industry and also have interacted with thousands of seniors and their children over the years.