• Question
  • Do not want phone call at this time but want to know an estimate of what is available as a reverse

    Asked by a 85 year old man from San Gabriel, CA on 11/7/2014

    Do not want phone call at this time but want to know an estimate of what is available as a reverse mortgage oly

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  • Categories: Loan Amount and Type, Reverse Mortgages

Answers

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  • An 81 year old born on November 7, 1933, would receive a Principle Limit of 66.5% - if your house was valued at 100k, you'd be able to borrow $66,500.00 (based upon todays Expected Interest rate of 5.06%)

  • Login to rate this answer:   Answered on 11/7/2014
**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.