Furthermore, the years considered for the study are as follows: Historical year – 2013-2017 Base year – 2018 Forecast period** – 2019 to 2025 [** unless otherwise stated] **Moreover, it will also.
· All Reverse Mortgage Introduces "ARLO". All Reverse Loan Optimizer. In October 2017, FHA changed the parameters by which reverse mortgage principal limits are calculated. The changes have influenced the reverse mortgage marketplace such that borrowers who shop for and find the best rates available will receive higher loan amounts.
The principal limit is determined by multiplying the home value (up to $679,650 as of 2017) by the principal limit factor, which is determined by the age of the youngest borrower and the average interest rate. reverse mortgages give you access to a percentage of your home estimate, called the Principal Limit.