Larry Bradfield's (lbradfield) Blog

With the pending benefit amount going to $417,000 the demand on the FHA HUD approved counselors will be overwhelming in the coming months. Now is the time to get counseled and hold on to that "golden ticket" until they release the new loan amount. I can arrange for you or your parents to be couns...

With the current passing of the FHA reform bill we will see some changes to the FHA reverse mortgage called the HECM. In California we may see a new benefit above the $417,000 max under the new bill. The costs to the borrower will be going down in every state and the available money should increa...