Reverse Mortgage Blog

Category: HECM Reverse Mortgage Industry Info

Reverse mortgage industry information and news and how it impacts the HECM reverse mortgage, lenders, and borrowers.

FHA Loan Limit 2024 and Other Changes

HECM Changes For 2024: Falling Interest Rates, A New Lending Limit, and Other Program Tweaks

Happy New Year! Some changes are in store for the HECM reverse mortgage in 2024. … Read More

Mike Roberts Avatar
About Mike Roberts

Mike Roberts is the founder of MyHECM.com, an author, and a highly experienced veteran of the mortgage industry. When he's not working, he enjoys spending time with his family, skiing, camping, traveling, or reading a good book. Roberts is the author of The Reverse Mortgage Revealed: An Industry Insider’s Guide to the Reverse Mortgage, which is available on Amazon.

How Rising Interest Rates Have Impacted the Reverse Mortgage Industry

INFOGRAPHIC: Rising Interest Rates Pummel the Reverse Mortgage Industry in 2023

Rising interest rates have pummeled the reverse mortgage industry in 2023. According to the latest … Read More

Mike Roberts Avatar
About Mike Roberts

Mike Roberts is the founder of MyHECM.com, an author, and a highly experienced veteran of the mortgage industry. When he's not working, he enjoys spending time with his family, skiing, camping, traveling, or reading a good book. Roberts is the author of The Reverse Mortgage Revealed: An Industry Insider’s Guide to the Reverse Mortgage, which is available on Amazon.

New FHA Loan Limit 2023 for the HECM.

HECM Changes: New FHA Loan Limit for 2023, More Economic Turmoil, and Other Changes

Happy New Year! Some changes are in store for the HECM and the reverse mortgage … Read More

Mike Roberts Avatar
About Mike Roberts

Mike Roberts is the founder of MyHECM.com, an author, and a highly experienced veteran of the mortgage industry. When he's not working, he enjoys spending time with his family, skiing, camping, traveling, or reading a good book. Roberts is the author of The Reverse Mortgage Revealed: An Industry Insider’s Guide to the Reverse Mortgage, which is available on Amazon.

MyHECM Coming Soon Major Upgrade

A Major Site Upgrade With Fantastic New Features Coming on March 15, 2022

I am very pleased to announce an enhanced MyHECM.com that will offer new features to … Read More

Mike Roberts Avatar
About Mike Roberts

Mike Roberts is the founder of MyHECM.com, an author, and a highly experienced veteran of the mortgage industry. When he's not working, he enjoys spending time with his family, skiing, camping, traveling, or reading a good book. Roberts is the author of The Reverse Mortgage Revealed: An Industry Insider’s Guide to the Reverse Mortgage, which is available on Amazon.

New HECM Reverse Mortgage Lending Limit and Higher Interest Rates

A Few Changes for the HECM and Some Big Changes for MyHECM.com in 2022

Happy New Year! I sincerely hope that 2022 finds you well! In life, things are … Read More

Mike Roberts Avatar
About Mike Roberts

Mike Roberts is the founder of MyHECM.com, an author, and a highly experienced veteran of the mortgage industry. When he's not working, he enjoys spending time with his family, skiing, camping, traveling, or reading a good book. Roberts is the author of The Reverse Mortgage Revealed: An Industry Insider’s Guide to the Reverse Mortgage, which is available on Amazon.

New HECM Lending Limit and Index for 2021

New HECM Reverse Mortgage Lending Limit and Index for 2021

Happy New Year! The year 2020 was one of the more tumultuous years in recent … Read More

Mike Roberts Avatar
About Mike Roberts

Mike Roberts is the founder of MyHECM.com, an author, and a highly experienced veteran of the mortgage industry. When he's not working, he enjoys spending time with his family, skiing, camping, traveling, or reading a good book. Roberts is the author of The Reverse Mortgage Revealed: An Industry Insider’s Guide to the Reverse Mortgage, which is available on Amazon.

EIR and PLF Changes Since January

The Two Benefits of Falling Interest Rates That May Surprise Reverse Mortgage Borrowers

It’s a crazy world out there right now. Entire nations locked down, people confined to … Read More

Mike Roberts Avatar
About Mike Roberts

Mike Roberts is the founder of MyHECM.com, an author, and a highly experienced veteran of the mortgage industry. When he's not working, he enjoys spending time with his family, skiing, camping, traveling, or reading a good book. Roberts is the author of The Reverse Mortgage Revealed: An Industry Insider’s Guide to the Reverse Mortgage, which is available on Amazon.

HECM Lending Limit Increases for 2020

HECM Lending Limit Increase for 2020 Impacts Reverse Mortgage Proceeds and Costs

FHA has increased the HECM lending limit to $765,600 for HECMs with case numbers assigned … Read More

Mike Roberts Avatar
About Mike Roberts

Mike Roberts is the founder of MyHECM.com, an author, and a highly experienced veteran of the mortgage industry. When he's not working, he enjoys spending time with his family, skiing, camping, traveling, or reading a good book. Roberts is the author of The Reverse Mortgage Revealed: An Industry Insider’s Guide to the Reverse Mortgage, which is available on Amazon.

Consider a Reverse Mortgage to Cut Taxes in Retirement

Newly Increased HECM Lending Limit to Take Effect in January

Many seniors will soon have significantly more cash available through a HECM reverse mortgage. As … Read More

Mike Roberts Avatar
About Mike Roberts

Mike Roberts is the founder of MyHECM.com, an author, and a highly experienced veteran of the mortgage industry. When he's not working, he enjoys spending time with his family, skiing, camping, traveling, or reading a good book. Roberts is the author of The Reverse Mortgage Revealed: An Industry Insider’s Guide to the Reverse Mortgage, which is available on Amazon.