Jumbo Reverse Mortgage

Can You Do A Reverse Mortgage With Existing Mortgage Loans? ( With Reverse Mortgage Examples )?

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Reverse Mortgage With Existing Mortgage Often times older homeowners wonder, “Can You Do A Reverse Mortgage With Existing Mortgage Loans?”.  The simple answer is Yes, you can do a reverse mortgage with existing mortgage liens.  However, that’s not always the case.  Basically, you can do a reverse mortgage loan if your home is free and […]

Jumbo Reverse Mortgage

What Is A Jumbo Reverse Mortgage?

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If you’re investigating reverse mortgages and have a higher end home, you may be wondering “what is a jumbo reverse mortgage?”.  Generally, a regular jumbo mortgage usually has a set loan amount.  For example, in 2018 the conforming loan limit is $453,100 in most areas.  In High Cost areas, the limit is $679,650.  Anything that […]

Reverse Mortgage Loan Advisors

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

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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 […]