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  • Hello nonnie12, You should be getting a monthly statement that would tell you how much you can draw out of your reverse mortgage line of credit. Or you can call the servicing dept with your lender and they should be able to give you the information you need.

  • Login to rate this answer:   Answered on 10/15/2009
**All above answers are provided as general information only. No warranty is made regarding the fitness or accuracy of the information provided in this answer. You should seek advice from a licensed CPA, attorney or CERTIFIED FINANCIAL PLANNER™ as to your unique financial situation.