About Jumbo Reverse Mortgage Home Loans
A jumbo Reverse Mortgage loan is a loan that exceeds the conforming loan limits as set by Fannie Mae and Freddie Mac. As of 2020, the limit is $510,400 for most of the US, apart from Alaska, Hawaii, Guam, and the U.S. Virgin Islands, where the limit is $765,600. Rates may be a bit higher on jumbo loans because lenders generally have a higher risk.
We’re here to make the jumbo home loan process easier, with tools and knowledge that will help guide you along the way, starting with our Jumbo Reverse Mortgage Loan Qualifier.
We’ll help you clearly see differences between loan programs, allowing you to choose the right one for you whether you’re a first-time home buyer or a repeat buyer.
The Jumbo Reverse Mortgage Loan Process
Here’s how our home Reverse Mortgage loan process works:
- Complete our simple Jumbo Reverse Mortgage Loan Qualifier
- Receive options based on your unique criteria and scenario
- Compare mortgage interest rates and terms
- Choose the offer that best fits your needs