How Much Money Can One Borrow in a Reverse Mortgage?

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In general, the more your home is worth, the older you are, and the lower the interest rate, the more you will be able to borrow.

The maximum amount that can be borrowed on a particular loan program is based on these factors:
* The age of the youngest borrower at the time of the loan.
* The appraised value of the home.
* Current interest rates.

 

 

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