Reverse Mortgage Examples
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Age:
Home Value:
Location:
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Mike 81 & Doris 75
$250,000
Seattle, WA
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Mike & Doris would receive either a lump sum
payment or a credit line of $168,000; or
monthly income of $1,100 for as long as they live in their home.
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Age:
Home Value:
Location:
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Bill 74 & Jane 70
$150,000
Vancouver, WA
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Bill & Jane would receive either a lump sum payment or a credit line of $92,000; or monthly income of $550 for as long as they live in their home.
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Age:
Home Value:
Location:
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Beverly 80
$200,000
Portland, OR
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Beverly would receive either a lump sum payment or a credit line of $143,000; or monthly income of $1,045 for as long as she lives in their home.
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