Reverse Mortgage Blog

New HUD Lending Limits

January 27, 2021

For seniors who are looking for greater access to their home's equity, just go a boost effect January 2021 when the FHA Lending Limits were increased. Learn more about it here.https://www.reverseloanconsultant.com/

Lorraine Jones

Tags: MONEY, REVERSELOANCALCULATOR

This material is not provided by, nor was it approved by the Department of Housing & Urban Development (HUD) or by the Federal Housing Administration (FHA). It is not intended to be a substitute for legal, tax or financial advice. Consult with a qualified attorney, accountant or financial advisor for additional legal or tax advice.

*There are some circumstances that will cause the loan to mature and the balance to become due and payable. The borrower(s) must continue to pay for property taxes and insurance and maintain the property to meet HUD standards or risk default. Credit is subject to age, minimum income guidelines, credit history, and property qualifications. Program rates, fees, terms and conditions are not available in all states and subject to change.

Lorraine Jones

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New HUD Lending Limits

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