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is it possible to get a reverse mortgage at only 70% ltv?

by ninna78623246 from Flagstaff, Arizona. Nov 11th 2014 Reply


William J Acres (William_Acres)
#74 ranked lender in Arizona - 8,728 contributions

Reverse mortgage loan to value's are based on the age of the YOUNGEST of all borrowers.. the maximum advance is 75% based on the YOUNGEST borrower at the age of 80 or above. The younger you are, the less the advance.. If you would like, I can put together some numbers specific to your exact scenario for your review.. No upfront charge and no pressure. Let me Know.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com

Nov 12th 2014
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Larry Gray (lgray_312_247)
#597 ranked lender in California - 1,139 contributions

I recommend you do provide what a mortgage broker who does reverse mortgage loans in Arizona needs to assess your particular situation. You can not go wrong with William Acres who gave an excellent answer.

Nov 12th 2014
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