2019 Change: HECM Reverse Mortgage Loan Limits Now $726,525
This is great news for older homeowners with higher value homes. The new maximum claim amount of $726,525 is an increase from $679,650 this past year. The maximum claim amount is the highest home value we can use to calculate HECM proceeds. Proceeds for the loan are based on age of youngest borrower and expected interest rate.
To determine the amount available to you click here or call Maggie at 775-770-0870