http://fwisp.com/real-estate/maximum-reverse-mortgage-loan-amounts-have-been-reduced/ Effective Oct. 1, 2009, the Federal Housing Administration reduced the maximum loan amounts seniors could receive from a Reverse Mortgage. The reduction means a 10 percent cutback on the loan amount for all new FHA Reverse Mortgage loan applications. Sat, 07 Nov 2009 18:16:13 EST en