If your first reverse mortgage was a HECM and your home has a high value, you may be able to access more money! HECMs have a lending limit, which means no matter how high your home’s value is, you will be capped at a certain amount. EquityPower can allow loans up to $4 million or more.
If I refinance into an EquityPower reverse mortgage, will I get more money?
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