Reverse Mortgage Lending Limits increased for 2019
Hope everyone had a great Holiday Season. As the new year starts HUD has increased the Reverse Mortgage Lending limit from $679,650 to $726,525. You can find the official announcement from HUD’s Mortgagee Letter from December. Mortgagee Letter 2018-12What does a higher loan limit mean for you? If your home value was above the previous …
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