Author: Tyler Plack
Analysis of Lending Limit Increases for HECM Borrowers
In semi-recent news, the Federal Housing Finance Agency increased the lending limit on conforming loans for 2024. Understanding the HECM Program The Home Equity Conversion Mortgage (HECM) program, integral to […]
Visualizing HECM Principal Limit Factors & How Rates and Age Affect Them
I think everyone in the reverse mortgage space has probably heard these anecdotes: “As borrower age increases, the amount of money the borrower qualifies for increases” “As interest rates decrease, […]