Use our reverse mortgage calculator to estimate how much money you can receive in a lump sum payment on a HECM reverse mortgage. Just enter your age, the current value of your home, and any existing mortgage balance. The calculator will use this information to estimate the lump sum amount you might be eligible to receive through a reverse mortgage.
The Reverse Mortgage Calculator provided herein is for informational and educational purposes only. It is designed to give an approximate estimate of the lump sum proceeds you might be eligible for based on the inputs you provide. This estimate does not represent a binding offer, pre-qualification, or approval for a reverse mortgage. Please note that actual amounts may vary based on a comprehensive financial review, current interest rates, fees, and closing costs. This material is not from HUD or FHA and has not been approved by HUD or a government agency. Use of this calculator is subject to our website's Terms of Service and Privacy Policy.
Reverse mortgages can be a viable solution for many seniors looking to improve their financial situation in retirement, but they require careful consideration of the advantages, potential drawbacks, and personal circumstances before proceeding. To learn more or to see how much you can qualify for, please contact a reverse mortgage advisor today. Our advisors are available 7 days a week to assist you. We offer reverse mortgages in California, Connecticut, Florida, New Jersey, New York, Pennsylvania and Texas.
Interested in learning more or ready to apply for a reverse mortgage? Call us today at (800) 876-5626 or click here to have one of our reverse mortgage specialists contact you.
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