PJ's Reverse Mortgage Blog

November 6th, 2008 1:49 PM

FHA has issued the long awaited mortgagee letter to insure Reverse Mortgages for as much as $417,000 as the national limit.  This will give many more seniors, all over the nation, the ability to get life changing equity from Reverse Mortgages, out of their homes.

If you are having difficulty making ends meet, you are 62 years of age or older and have equity in your home, this might be a good time to spend some private time with your mortgage professional to see how this new law can impact your life.  PJ


Posted by Phillis Jackson on November 6th, 2008 1:49 PMPost a Comment (1)

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