Monday, March 19, 2007

New Reverse Mortgages

It was only a matter of time before different types of Reverse Mortgage was released. This is great news for you, the consumer! With different loan programs including a new jumbo, HECM 100, and other lower priced features they can really lower the costs over the life of the loan. The interest rates are still standard, but closing costs and monthly service fees have been reduced.

Remember with a Reverse Mortgage, you aren't paying costs out of pocket, the costs are rolled into the loan. However reduced costs can really make a huge savings over the long run of the loan. If you would like more information about the new HECM 100 and other discounted reverse mortgage options call 1-888-973-8377 to speak with a Reverse Mortgage Specialist.

More information will be posted soon.

In the meantime, you can check out these other helpful Reverse Mortgage Sites:
Reverse Mortgage
Reverse Mortgage Lender
Reverse Mortgage Information
Reverse Mortgages

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