SoFi reports that FHA loans are ideal for first-time buyers with lower credit scores and smaller down payments, though they ...

Golden Gateway Financial recently announced a new and updated version of its online reverse mortgage calculator to reflect the new FHA reverse mortgage limits. Along with new calculator, the ...

With CNBC Select's calculator, you can calculate payments with a conventional loan, jumbo loan or FHA loan. You can choose a fixed-rate loan with terms of 15 or 30 years or an adjustable-rate loan ...

Since this reverse mortgage has virtually no maximum home value or loan limit, it is best for seniors with high-priced houses. Call 888-738-3773 for more information.

Based on 1 year Treasury CMT (Adjusted Monthly) Margin = 200 Caps – 6% for the life of the loan Max Loan Amount = $330,600 (based on age) Purchase or Refinance Owner Occupied Only Single Family ...

FHA-insured HECMs make up about 90%+ of the reverse mortgage market today," says Jim Milano, member, McGlinchey Stafford. In some limited cases, however, it's possible to get a reverse mortgage ...

FHA Commissioner Carol Galante said her agency, which insures some 40 million home mortgages, is struggling with more than $5 billion in losses on reverse mortgages that allow people over 62 to ...

FHA Mortgage Calculator Definitions Loan amount: The amount of money a borrower receives from a mortgage lender to cover the purchase of a home, excluding any fees the lender charges. Most lenders ...

If you apply for a reverse mortgage with a 5% interest rate, you could receive a lump-sum payment of $154,700, a line of credit of $66,300, or a monthly payout of $737 (figures arrived at using ...