Economic Stimulus Bill Raises Reverse Mortgage Loan Limit
Tuesday, February 24th, 2009The Economic Stimulus Bill signed recently by President Obama provides even more of America’s seniors with the opportunity to benefit from a reverse mortgage. The new bill will raise the HECM loan limits to 150 percent of the Freddie Mac loan limit. Currently, that would create a HECM loan limit of $625,500, helping older Americans [...]


