Did you know that there are various loan limits for reverse mortgages?

The HECM loan is an FHA loan and is limited to FHA lending limits per county. For example, Douglas County in Colorado caps their lending limit at $308,370.00. A Fannie Mae loan limits their loans to $417,000.00. The “jumbo” product limit is $10,000,000.00.

You are not limited to just the government loans. Please contact me for more information on a reverse mortgage, and we can determine loan limits based on your particular situation.

Reverse Mortgage Consultant - Denver, CO
Phone: 720.641.3482

This entry was posted on Tuesday, January 1st, 2008 at 12:30 pm and is filed under Colorado Reverse Mortgage. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.