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Christmas has come early - HUD announces a major increase to the Modern Reverse Mortgage! episode artwork

EPISODE · Dec 12, 2022 · 24 MIN

Christmas has come early - HUD announces a major increase to the Modern Reverse Mortgage!

from The Voice Of Reverse Mortgage · host ted25

How about some good news! HUD this week announced an increase to their Maximum Claim Amount, otherwise known as the FHA Lending Limit... and increase of $118,500! Beginning 1/1/2023 the maximum amount that HUD looks at in their calculations increases from the current $970,800 to $1,089,300! Amazing good news for many homeowners who have found that the dramatic rise in home values have now placed them in the previously rarified air of million dollar plus homes... common now in many part of the country!

What this episode covers

How about some good news! HUD this week announced an increase to their Maximum Claim Amount, otherwise known as the FHA Lending Limit... and increase of $118,500! Beginning 1/1/2023 the maximum amount that HUD looks at in their calculations increases from the current $970,800 to $1,089,300! Amazing good news for many homeowners who have found that the dramatic rise in home values have now placed them in the previously rarified air of million dollar plus homes... common now in many part of the country!

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Christmas has come early - HUD announces a major increase to the Modern Reverse Mortgage!

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Frequently Asked Questions

How long is this episode of The Voice Of Reverse Mortgage?

This episode is 24 minutes long.

When was this The Voice Of Reverse Mortgage episode published?

This episode was published on December 12, 2022.

What is this episode about?

How about some good news! HUD this week announced an increase to their Maximum Claim Amount, otherwise known as the FHA Lending Limit... and increase of $118,500! Beginning 1/1/2023 the maximum amount that HUD looks at in their calculations...

Can I download this The Voice Of Reverse Mortgage episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.
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