Uploaded May 2026 | Updated September 2026, 3 hours ago
One of the best things about reverse mortgages: we don't have to pull your credit, and we don't need income documents just to see if the numbers work. All it takes is your age and your home value.
From those two things we calculate your "principal limit" — the percentage of your home value you're able to borrow against. That single number answers the questions that actually matter: How much could you access? Could it pay off your existing mortgage? What would a line of credit look like?
In this video I break down:
- What a reverse mortgage principal limit actually is
- Why only age and home value are needed for a first-pass number
- How HECM (FHA-insured) limits get calculated
- Where proprietary / jumbo reverse mortgages change the math for higher-value homes
- Why there's zero pressure — seeing the numbers doesn't start an application
It's an easy, no-pressure first conversation. If you're curious what your home could do for you, reach out anytime.
📞 Call or text: (206) 890-6132
✉️ c@chrisraygibson.com
🌐 See an interactive example presentation: quotes.chrisraygibson.com/example-hecm-presentation
📖 Full write-up on the blog: gibsonhomeloans.com/reverse-mortgage-principal-limit
— Christopher Gibson, Gibson Home Loans
NMLS #1910430 | C2 Financial Corporation
Serving West Seattle, Burien, Tukwila, Renton, Vashon & Bainbridge Island, and the greater Puget Sound.
Connect:
LinkedIn: linkedin.com/in/chrisraygibson
Facebook: facebook.com/chrisraygibson
Instagram: instagram.com/chrisraygibson
This video is for educational purposes only and is not a loan approval or commitment to lend. A reverse mortgage is a loan that must be repaid when the home is no longer the borrower's principal residence or if the borrower fails to meet loan obligations including property taxes, homeowners insurance, and home maintenance. The loan balance grows over time and reduces equity in the home. HUD-approved counseling is required before application. Borrower must be 62+ for a HECM. Equal Housing Opportunity.
#ReverseMortgage #HECM #RetirementPlanning #HomeEquity #SeattleMortgage #WestSeattle #AgingInPlace #MortgageEducation
One of the best things about reverse mortgages: we don't have to pull your credit, and we don't need income documents just to see if the numbers work. All it takes is your age and your home value.
From those two things we calculate your "principal limit" — the percentage of your home value you're able to borrow against. That single number answers the questions that actually matter: How much could you access? Could it pay off your existing mortgage? What would a line of credit look like?
In this video I break down:
- What a reverse mortgage principal limit actually is
- Why only age and home value are needed for a first-pass number
- How HECM (FHA-insured) limits get calculated
- Where proprietary / jumbo reverse mortgages change the math for higher-value homes
- Why there's zero pressure — seeing the numbers doesn't start an application
It's an easy, no-pressure first conversation. If you're curious what your home could do for you, reach out anytime.
📞 Call or text: (206) 890-6132
✉️ c@chrisraygibson.com
🌐 See an interactive example presentation: quotes.chrisraygibson.com/example-hecm-presentation
📖 Full write-up on the blog: gibsonhomeloans.com/reverse-mortgage-principal-limit
— Christopher Gibson, Gibson Home Loans
NMLS #1910430 | C2 Financial Corporation
Serving West Seattle, Burien, Tukwila, Renton, Vashon & Bainbridge Island, and the greater Puget Sound.
Connect:
LinkedIn: linkedin.com/in/chrisraygibson
Facebook: facebook.com/chrisraygibson
Instagram: instagram.com/chrisraygibson
This video is for educational purposes only and is not a loan approval or commitment to lend. A reverse mortgage is a loan that must be repaid when the home is no longer the borrower's principal residence or if the borrower fails to meet loan obligations including property taxes, homeowners insurance, and home maintenance. The loan balance grows over time and reduces equity in the home. HUD-approved counseling is required before application. Borrower must be 62+ for a HECM. Equal Housing Opportunity.
#ReverseMortgage #HECM #RetirementPlanning #HomeEquity #SeattleMortgage #WestSeattle #AgingInPlace #MortgageEducation
