Month: October 2017

Reverse Mortgage Loan To Value, aka Reverse Mortgage Principal Limit Factors

Posted ShawnLeave a commentPosted in Reverse Mortgage Loan Advisors

Introdution – Defining Reverse Mortgage Loan to Value and Reverse Mortgage Principal Limit Factors A common question asked by homeowners thinking about getting a reverse mortgage is, “how much can I get”?  Or, what is the reverse mortgage loan to value available to me?  Put quite simply, the Reverse Mortgage Principal Limit Factor is the […]

October 2nd Reverse Mortgage Changes Are Here – What Do These Reverse Mortgage Changes Mean?

Posted ShawnLeave a commentPosted in Reverse Mortgage Loan Advisors

October 2nd Reverse Mortgage Changes: On August 29th, 2017, the U.S. Department of Housing and Urban Development announced big changes to the Home Equity Conversion Mortgage (aka Reverse Mortgage or HECM). The October 2nd Reverse Mortgage Changes will have a pretty big impact on potential borrowers. Some of the changes are good and some are […]