If your mortgage exceeds these limits—known as the conforming loan limits—you’ll need to get a jumbo mortgage instead. While jumbo mortgage rates are often higher than conforming loan rates ...

There are four primary types of reverse mortgages: Proprietary reverse mortgages: You'll need a proprietary (aka jumbo) reverse mortgage if your home's value exceeds the FHA limit. These loans ...

Some lenders offer larger, “jumbo” reverse mortgages. You must get financial counseling to ensure that you can meet your obligations as a borrower. To find a housing counselor certified by the ...

In addition to FHA-backed home equity conversion mortgages, Finance of America offers HomeSafe Standard, a jumbo reverse loan for as much as $4 million that's available to borrowers age 55 and older.

You can only rent out your reverse mortgage property if you continue to live in the property. Otherwise, the lender can end the mortgage and demand payment.

All Reverse Mortgage offers senior homeowners several options for receiving loan payments, including traditional and jumbo home equity conversion mortgages (HECM) and HECM refinancing.

This profile has not been claimed by the company. See reviews below to learn more or submit your own review. Fairway Reverse Mortgage’s product line includes Home Equity Conversion Mortgages ...

If you need an especially large loan, you'll likely need to find a mortgage lender that offers jumbo mortgages. These mortgages are a little trickier to qualify for, but they come with the benefit ...

Fairway offers multiple HECM products, including an equity conversion mortgage that allows you to receive a portion in cash and a jumbo reverse mortgage for those who own high-value properties.

With over three years of experience writing in the housing market space, Robin Rothstein demystifies mortgage and loan concepts, helping first-time homebuyers and homeowners make informed ...