PJ's Reverse Mortgage Blog

What a great opportunity we have for the rest of 2009.  We have the new $625,000 FHA limits HUD approved for Reverse Mortgages, at least through the end of the year.  Interest rates in the fixed programs are lower than I have EVER seen them.

Seniors have a golden opportunity to access equity from their home and never have to pay it back, as long as they live in the home.  Where else can you get  a loan on the equity from your home without making any payments? 

I have thought a lot about that, and I come up with "No where".  It is Government insured too! 

OH my, sometimes our Government does do the right thing!

God bless. PJ :)