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Antonyms that are in the dictionary are marked in green. Antonyms that are not in the dictionary are marked in red.
A Home Equity Conversion Mortgage (HECM) has higher upfront costs but provides more flexibility in how you receive the funds.
Source: https://www.chiangraitimes.com/business/reverse-mortgage-calculator-how-it-works/
Since the HECM program is insured by the FHA, the maximum home value that can be recognized is currently $631,000, regardless of what your home is actually worth.