The Department of Housing and Urban Development has announced the maximum claim amount of federally backed reverse mortgages will be increased to $970,800 for 2022.
Reverse Lending Limit Increased to More Than $822K
February 24, 2021
February 24, 2021
The Department of Housing and Urban Development has announced the maximum claim amount of federally backed reverse mortgages will be increased to $970,800 for 2022.