NextPrevious

Saving, Managing Debt, and Budgeting

Home Equity

How much equity may a homeowner pull out in a reverse mortgage?

The amount a homeowner may pull out in equity in a reverse mortgage depends on the age of the youngest borrower/owner of the home, the current interest rate, the current appraised value of the home, and any mortgage insurance the lender may be required to purchase.



Close

This is a web preview of the "The Handy Investing Answer Book" app. Many features only work on your mobile device. If you like what you see, we hope you will consider buying. Get the App