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HUD FHA Reverse Mortgage For Seniors (HECM) | HUD.gov / U ...
Reverse mortgages are increasing in popularity with seniors who have equity in their homes and want to supplement their income. The only reverse mortgage insured by the U.S. Federal Government is called a Home Equity Conversion Mortgage (HECM), and is only available through an FHA-approved lender.
Frequently Asked Questions About Figure Home Equity Line
Our loan amounts range from a minimum of $15,000 to a maximum of $300,000. For properties located in AK, the minimum loan amount is $25,001. Your maximum loan amount may be lower than $300,000, and will ultimately depend on your home value and …