HECM Reverse Mortgage Loan to Value | Reverse Mortgage LTV Week of 07/25/23

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HECM Reverse Mortgage Loan to Value | Reverse Mortgage LTV Week of 07/25/23

In this video I talk about the HECM reverse mortgage loan to value. It changes weekly on Tuesday and whether it goes up or down is dependent on the interest rates. As interest rates rise, your borrowing power decreases and vice versa.

This week a 62 year old can borrow about 34.5%
This week a 72 year old can borrow about 40.5%
This week a 82 year old can borrow about 50.1%
This week a 92 year old can borrow about 64.3%

🔥Get Your Free Info Kit🔥
For More Mortgage info, contact:
[email protected]
(949) 492-2252 x 704

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https://lifesourcemortgage.com/
#HecmNonBorrowingSpouse #CanIdoAReverseMortgageIfMySpouseIsNot62 #ReverseMortgageInfo

www.LifeSourceMortgage.com Is not a lender or bank nor are we part of HUD / FHA. We are however a licensed mortgage broker In California, Colorado, and Idaho that specializes in reverse mortgages, fast closing purchase loans, and more. Anyone that inquires and requests more information may be contacted by the owner or employee of this site. LifeSource Mortgage, CA BRE#01869699. NMLS#321759, ID MBL#2080321759.