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'HECM Refinance' Category Archives

How to Refinance Your Reverse Mortgage – More Money & Lower Rate!

   51 comments
When a reverse mortgage refinance makes sense: Your home value has increased considerably You originally obtained your loan when the lending limit was less than the 2019 HECM limit of $726,525  You are adding a younger spouse now age 62 to protect them from having to sell the home upon your death To benefit from a lower interest rate or margin Refinance into a larger...
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How a Reverse Mortgage Refinance Works

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Looking for a Reverse Mortgage Refinance? All Reverse Mortgage© has consistently brought exclusive offers to our customers. Let us show you how to get more from your equity with a federally-insured Reverse Mortgage Refinance. Try our New Refinance Calculator or call Toll Free (800) 565-1722 I am 70 and live with my 88 year-old mother. She is changing her current...
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Understanding Reverse Mortgage Principle Limit & Maximum Claims

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I am 87 and received an HECM, maximum claim $250,000 on June, 2006. Credit limit due to age and other factors was due to reach maximum claim in 2012.Withdrawals were denied beginning in June 2010, when the balance was around $225,000 and no withdrawals have been allowed since The server has been getting compound interest each month and HUD has...
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