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Home Equity Conversion Mortgage Specialists
What is the HECM Estimated Maximum Dollar
Limit Amount based on?
• Age of Youngest Borrower (must be 62
minimum/no maximum)
• Estimated Home Value if sold today (based
on Inspection and Appraisal Comparison
of like homes sold in the prior 6 months)
• Current Home Mortgage Payoff Amount
(if applicable)
• Current HECM Interest Rate
• Current FHA Conforming Maximum Loan Cap
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