HappySeniorHomeOwners Blog

Great News!!! FHA Increases Lending Limit for Reverse Mortgages!!!

December 2nd, 2021 1:53 PM by Juan Luis Rodriguez-Kohly

GREAT NEWS!!!

Effective January 1, 2022 FHA has increased the Maximum Loan Limit from $822,375 to
 
$970,800!!!

This will offer higher Proceeds to Owners of
 1 to 4 Families Homes or CONDO Valued at more Than $800,000!!!

Available for Refinance or Purchase.

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Effective Today, Through our Proprietary JUMBO 55 Reverse Mortgage Program, We can offer Owners of 1 to 4 Families and CONDOS  valued at $800,000 or higher and who are 55 years of age or older a Maximum Loan of Up To $4,000,000.

Posted by Juan Luis Rodriguez-Kohly on December 2nd, 2021 1:53 PM

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