		Mortgage Forum Index > Mortgage and Loans Forum > Mortgage Know-How
FHA/HECM Reverse Mortgage Loan Limit Increased To $417000.

FHA/HECM Reverse Mortgage Loan Limit Increased To $417000.

This is a discussion on FHA/HECM Reverse Mortgage Loan Limit Increased To $417000. within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; The long awaited announcement from HUD regarding what the national loan limit will be for federally insured HECM reverse mortgages ...

Google Ads Advertisement

Mortgage Know-How A mortgage is the transfer of an interest in property (or the equivalent in law - a charge) to a lender as a security for a debt - usually a loan of money. While a mortgage in itself is not a debt, it is the lender's security for a debt. It is a transfer of an interest in land (or the equivalent) from the owner to the mortgage lender, on the condition that this interest will be returned to the owner when the terms of the mortgage have been satisfied or performed. In other words, the mortgage is a security for the loan that the lender makes to the borrower.

LinkBack

Thread Tools

Display Modes

#1 (permalink)

10-02-2008, 08:53 PM

Administrator Administrator is offline

Administrator

Join Date: Oct 2007

Posts: 44,600

Your Earnings US $: 186,851.75
How To Earn By Posting?

FHA/HECM Reverse Mortgage Loan Limit Increased To $417000.

The long awaited announcement from HUD regarding what the national loan limit will be for federally insured HECM reverse mortgages, was finally announced this morning. The new loan limit will be $417000. and will be the same throughout ...

More...

(Source: Google Blog Search)

Tags

fha or hecm, increased, limit, loan, mortgage, reverse

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
HUD finally raises HECM/Reverse Mortgage Limits to $417000	Administrator	Mortgage Know-How	0	10-12-2008 04:35 PM
Reverse Mortgage Calculator With New HECM Loan Limit	Administrator	Mortgage Calculator	0	10-09-2008 07:56 PM
Reverse Mortgage Calculator With New HECM Loan Limit	Administrator	Mortgage Calculator	0	10-07-2008 03:53 AM
FHA Sets National Loan Limit for Reverse Mortgage Program at $417000	Administrator	Mortgage Know-How	0	10-06-2008 07:30 PM
Reverse Mortgage Calculator With New HECM Loan Limit	Administrator	Mortgage Calculator	0	10-06-2008 06:18 PM

Bookmark this thread

Share |

« Mortgage Rates Rise Slightly | Bailouts for everyone? »

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)

Thread Tools
Show Printable Version Email this Page
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode

Posting Rules
You may not post new threads You may not post replies You may not post attachments You may not edit your posts BB code is On Smilies are On [IMG] code is On HTML code is Off Trackbacks are On Pingbacks are On Refbacks are On Forum Rules

Discussion FHA/HECM Reverse Mortgage Loan Limit Increased To $417000. in printable format

All times are GMT. The time now is 02:50 AM.

Loans & Mortgage Forum :: Register :: Members :: Statistics :: Rules :: Help :: Contact :: Archive