How much cash can be expected to be made available with a reverse mortgage?

October 27, 2015 2:25 pm Published by Comments Off on How much cash can be expected to be made available with a reverse mortgage?

Typically, the amount of cash a borrower can access is based on the age of the youngest borrower, mortgage option selected, the current expected interest rate, the amount of equity in the home and the appraised value of the home.