How do I get there? I would like to compare reverse mortgage rates. by rmckee0917 from League City, Texas. May 24th 2011
Rates vary from 4.25% to 5.56% for fixed products and on average a ARM will have a rate of 3.7%. On the fixed, a higher rate will allow for credits to give a lower cost. There are some ARMs with lower margins but the 2.25 is the most popular offering. If there is a scenario or more detailed answer you are looking for, please call me and I'll be happy to assist. Richard Glover, 800 365 3539
Where is the property located, how old are you, what is your guestimate of what the value of your home is, and what roughly do you owe on the property? Answer those questions and I will then best be able to tell you in what I can do for you and whether or not I may be able to serve you?
The best way to shop for reverse mortgage is to fill out the form here: http://www.lender411.com/reverse-mortgage/
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