fha: More Questions about the new HECM Limits - 08/07/08 12:17 PM
I got an email asking me about the HECM limits and I thought my response might be helpful to some of you:
Sylvia - Do you have any idea when the national loan max is going to be applied to Reverses? Also, do you have any info on the applicable percentage … (2 comments)

fha: Reverse Mortgages and FHA County Lending Limits - 03/27/08 11:39 AM
There is some confusion regarding the status of the county lending limit increases for HECMs (Home Equity Conversion Mortgages), also know as reverse mortgages.
The recent FHA temporary loan limit increases are NOT applicable to HECM's.  The Economic Stimulus bill only created temporary higher limits through the end of this year for … (8 comments)

 
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Sylvia Williams, Ed.D/CSA

Elk Grove, CA

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Watermark Capital, Inc.

Office Phone: (916) 719-4683

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