Raymond Denton (Raymond)
#12 ranked lender in Ohio - 223 contributions
No, the HECM program doesn't offer a Jumbo program. There's only one Jumbo Lender in the nation at this time, and the HECM works better then that program up to a value of 1.3M.The other Loan Officers are incorrect. The national lending limit for the HECM is $625,500.00, and that's a temporary limit. It'll decrease back to $417,000.00 when the increased lending limit expires and isn't renewed by Congress.