What could a reverse mortgage make available?

This is an estimate, not a quote. These figures are calculated from HUD’s published principal limit factors using an assumed expected interest rate of 7.625% (a 2.750% margin over the 10-year Treasury index), as of September 18, 2026. That rate is an assumption used to produce this estimate. It is not an offer of credit and not a rate quote. Rates change weekly, and the rate that applies to a real loan is the one in effect when the FHA case number is assigned.

Your actual figures will differ. The amount you qualify for depends on a licensed appraisal of your home, the age of the youngest borrower or spouse, the rate at the time, the program selected, and a financial assessment of your ability to keep up property charges. Closing costs vary by county, title company, and property. Not all applicants qualify, and not every home is eligible.

This is not a substitute for a written proposal, and it is not a commitment to lend. If you want real numbers for your actual home, call me at (818) 674-7284. You will get a complete written analysis with every cost itemized, and the FHA program beside the jumbo option where both apply, usually within a day or two. That document is the one to make a decision from. This page is only meant to give you a rough sense of whether the conversation is worth having.

With any reverse mortgage you remain responsible for property taxes, homeowner’s insurance, and home maintenance, and the home must remain your primary residence. Failing to meet these obligations can cause the loan to become due and payable. A reverse mortgage is a loan and must be repaid, with interest, typically when the last borrower sells, moves out, or passes away. Independent counseling with a HUD-approved agency is required before application, and California law provides a seven-day period following counseling before a lender may take your application. These materials are not from HUD or FHA and were not approved by HUD or any government agency.