'Lending Limits' Category Archives

2026 HECM Reverse Mortgage Limits Rise to $1,249,125

December 4, 2025 2 comments

Our goal with this guide is simple. We want to explain HUD’s new lending limit in a clear and useful way, especially if you are trying to understand how the change affects the amount you can receive. You will find updated charts comparing the 2025 and 2026 limits, along with an illustration that shows how loan-to-value factors interact with the...
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Reverse Mortgage Principal Limit Explained

January 15, 2024 18 comments

I am 87 and received a HECM Loan. The maximum claim is $250,000. Due to age and other factors, the credit limit was expected to reach the maximum claim limit. Withdrawals were denied when the balance was around $225,000, and no withdrawals have been allowed since the servicer has been getting compound interest each month. HUD has been assessing fees...
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2022 Reverse Mortgage Limits Raise to Record $970,800!

September 9, 2022 6 comments

BREAKING: 2023 Reverse Mortgage Limits Reach All-Time High $1,089,300! HUD just announced their high-cost limits for Alaska and Hawaii. Based on the fact that the Home Equity Conversion Mortgage (HECM) limits normally follow these States, we can safely guess that the HUD HECM limit for 2022 will also jump to $970,800 for all new applicants as of January 1,...
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60% Reverse Mortgage Disbursement Rule Explained

September 8, 2021 4 comments

The U.S. Department of Housing and Urban Development has made several changes to the Home Equity Conversion Mortgage (HECM) program to strengthen the FHA Mutual Mortgage Insurance Fund (MMI or Fund) and protect the viability of the reverse mortgage program. The changes affect the following requirements: Initial disbursement limits New Single Disbursement Lump Sum payment option Initial mortgage insurance premiums...
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2021 Reverse Mortgage Limits Soar to $822,375

August 5, 2021 8 comments

BREAKING: 2023 Reverse Mortgage Limits Reach All-Time High $1,089,300! 2021 Reverse Mortgage Limits Officially $822,375! The U.S. Department of Housing and Urban Development (HUD) just announced that the reverse mortgage lending limit for the Home Equity Conversion Mortgage (HECM) program will be raised from $765,600 to $822,325 effective January 1, 2021. The HUD Mortgagee Letter announcing the increase, can...
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2020 Reverse Mortgage Limits Officially $765,600

December 4, 2019 2 comments

BREAKING: 2023 Reverse Mortgage Limits Reach All-Time High $1,089,300! HUD just announced that the current reverse mortgage loan limit for the HUD Home Equity Conversion Mortgage (HECM) will be raised from $726,525 to $765,600 effective January 1, 2020. The HUD Mortgagee Letter announcing the increase, can be found on the HUD website here: https://www.hud.gov/sites/dfiles/OCHCO/documents/19-20hsgml.pdf . After the limits remained...
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Reverse Mortgages: Remaining Principal Limit After 12 Months

November 16, 2019 4 comments

My father recently passed away and left his duplex to my brother and I, It is paid for and all taxes are current. I have lived in one side for over 25 years and my brother lives 100 miles away. I would love to keep this place and have my daughter move in next door with a reduced rent. I...
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The 2019 Reverse Mortgage Limit is officially $726,525

March 28, 2019 7 comments

BREAKING: 2022 Reverse Mortgage Limits Soar to $970,800 HUD released their announcement verifying the news we released on November 28, 2018 raising the Mortgage Lending Limits for HECM Loans. The numbers came in exactly where we expected and so the article, we posted on November 28, 2018 is now official. But remember, the new limits are only effective with...
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5 Key Reverse Mortgage Changes Moving into 2018

December 31, 2017 2 comments

Another year has come and gone… Where is the time going? It sounded strange to say 2017 all year and now 2018 is upon us. This year, the reverse mortgage industry experienced many changes. 2017 HUD Surprised Industry with Massive Changes In September, HUD sent the entire industry into a tailspin by announcing changes that were to take effect...
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Higher Reverse Mortgage Limits Announced for 2018

December 8, 2017 8 comments

BREAKING: 2022 Reverse Mortgage Limits Soar to $970,800 Higher Reverse Mortgage Limits Coming January 1st 2018 Starting in 2018, lending limits for government-insured reverse mortgages will increase, allowing borrowers the opportunity to access more of their home equity than ever before. The vast majority of reverse mortgages are federally-insured Home Equity Conversion Mortgages (HECMs) that are backed by the...
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