Check out the following for more reverse mortgage info and California, Idaho, and Colorado's best reverse mortgage broker.

In this podcast episode we talk about:

  1. HECM Max Claim Amount and what it is.

  2. ACTUAL maximum loan amounts for the FHA reverse mortgage.

  3. Max loan amount at age 62 = $508,602.  Max Reverse Mortgage Loan amount at age 70 = $559,083.  Max loan amount at age 80 = $623,156.  and the max loan amount at age 92+ is $ 728,000.  All these numbers are assuming your home is worth the 2022 HECM Max Claim Amount of $970,800 or more.  

  4. For those that owe more than these numbers, there may be another jumbo option available.  You can borrow up to $4,000,000 and even as high as $6,000,000 on an exception basis.

We also offer alot of other type of loans.  After all, we are California, Colorado, & Idaho's Best Mortgage Broker!

See All 10 Episodes of "Reverse Mortgage Info"