The current version of the government insured Reverse Mortgage is much more restrictive than in the past with regards to how much equity is available to homeowners. The latest changes that were enacted last October were directed at saving the government
May 08, 2018 | Non-recourse loan Reverse Mortgage Retirement Planning HECM Reverse Mortgage
Since October 2013, it would appear that our government has been grappling with the people over principal limit factors (PLFs), otherwise referred to as home equity access levels for homeowners with Reverse Mortgages. The government actions are clearly ba
Jan 03, 2018 | HECM Reverse Mortgage Principal Limit Factor Non-recourse loan FHA Reverse Mortgage