Reverse Mortgage Blog

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Reverse mortgage client uses her money to help daughter with a house downpayment...

Hi there,

Click here to visit and listen!
The above recorded client testimonial outlines how this client used her reverse mortgage to provide a home downpayment for her daughter. A very interesting use for a reverse mortgage - to be more common, perhaps, now lenders are more likely to ask for downpayments?

listen to more testimonials and podcasts that I have recorded and subscribe to the feed !
2 commentsMaggie O'Connell • July 29 2008 04:18PM

Reverse Mortgage Interest Rates - Updated Weekly!

FHA HECM REVERSE MORTGAGE RATES
ARM ( 2.50% LIBOR margin rate)
for week of November 17, 2009
2.74%
Fixed
as of November 17 2009
5.56% - 7.125%

We broker reverse mortgages offered by these major lenders:
Everbank, Bank of America, Financial Freedom (Indymac),Metlife

*Note: Rates change daily and differ between lenders: Contact us for further information and to request a TALC for total costs. Visit us for more information on reverse mortgages!

0 commentsMaggie O'Connell • July 28 2008 06:19PM