The total amount of money a borrower is eligible to receive from a reverse mortgage loan. This amount is determined by a Principal Limit Factor, which considers the youngest borrower’s age, current interest rates, and the home’s value.
x
At Florida’s Best Reverse Mortgage Company, we specialize exclusively in Home Equity Conversion Mortgage (HECM) and proprietary reverse mortgage solutions. Unlike a general mortgage broker, we are dedicated 100% to the reverse mortgage niche.