There is a good chance that the government will implement new higher lending limits for HUD HECM Reverse Mortgage starting in November. This may be really good timing for seniors dealing with the triple whammy of high inflation, falling asset values and dropping interest rates. This is really putting the squeeze on seniors or anyone with a fixed income or anyone with moderate income.
More details will follow when we get additional information. Providing Reverse mortgages nationally
financial-services@live.com
Tags: Money, Finance, Reverse Mortgage, Mortgage, Hud HECM Reverse Mortgage
October 17, 2008 at 4:03 am
[...] Fisher Funding wrote an interesting post today onHere’s a quick excerptThere is a good chance that the government will implement new higher lending limits for HUD HECM Reverse Mortgage starting in November. This may be really good timing for seniors dealing with the triple whammy of high inflation, falling asset values and dropping interest rates. This is really putting the squeeze on seniors or anyone with a fixed income or anyone with moderate income. More details will follow when we get additional information. Providing Reverse mortgages nationally How can I help you? financial-services@live.com [...]