Principal Limit
The most you can borrow with a HECM, worked out from the age of the youngest borrower or eligible non-borrowing spouse, the expected interest rate and the maximum claim amount.
More in reverse mortgages, or see the full glossary.
The most you can borrow with a HECM, worked out from the age of the youngest borrower or eligible non-borrowing spouse, the expected interest rate and the maximum claim amount.
More in reverse mortgages, or see the full glossary.