Based on today's program requirements, the loan amount is primarily based on the age of the youngest person on title, the appraised value of the home (up to FHA maximum lending limit of $ 636,150) and current interest rates. (onqfinancial.com)
The amount you can receive depends on the age of the youngest borrower, current interest rates, and the lesser of the appraised value of your home, the sale price or FHA maximum lending limit. (libertyreversemortgage.com)
Firstly, the amount you put down depends on your age and the value of the home as it relates also to the HUD maximum lending limits and interest rates. (reverse.mortgage)