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- All reverse mortgage borrowers must be 62 and older
- Must own property and occupy as primary residence
- Participate in an information counseling session
- Property must meet FHA property standards
- Maintain home with needed repairs, property taxes and insurance
- Age of youngest borrower
- Current interest rate
- Lesser of appraised value or the FHA insurance limit
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Reverse Mortgage
Calculator Today!
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Instantly calculate your maximum borrowing limit and much more
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