Your Estimate Details
Mortgage Payoff: $
This can free up monthly cash flow.
Total Available Proceeds: $ *
($ funds available at closing with the $ remaining available after 12 months). These tax free proceeds can be used for any purpose. Loan costs are not included.
Equity Reserve: ** $
This is the equity reserve still remaining in the home.
Projected Credit Line Growth
- Projected credit line would grow to $ by age
- Funds could be drawn for home care or any other purpose
- No additional income taxes on HECM funds used
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This is your reverse mortgage estimate. One of our dedicated loan officers will be in touch shortly with your in-depth analysis, including the differnt program options, loan costs, and your eligibility for possible discounts and credits.