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Frequently Asked Questions
Q: How much money can I receive?
A. The total amount of reverse mortgage funds available depends on several factors including the age of the youngest homeowner, the type of reverse mortgage selected, current interest rates, the appraised value of your home and FHA lending limits for your area. In most cases, the older you are, the more valuable your home, and the fewer real estate secured liens
(i.e., existing mortgages or home equity loans), all increase the amount of reverse mortgage money you can obtain.
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