Reverse Mortgage News
Reverse Mortgage NY: Monday June 29, 2009
Reverse Mortgage Applications are up so much this year that most lenders are taking 30-45 days to close a reverse mortgage loan. Being a Local Community based Lender, Live In Reverse now offers 10 day closings! Once we have an approval we can close reverse loans in 10 days because our team of specialists perform all processes on Long Island. We offer a hometown approach to help close your reverse mortgage accurately and quick so you eliminate higher interest rate risk.
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for the most current benefit summary:
Federal Insured (FHA) HECM Reverse Mortgages
Fixed Rate July Special: 5.56% FIXED RATE
Applications must be submitted by July 15th for FIXED RATE of 5.56%
Lowest Fixed Rate Available Anywhere!
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Thanks for post. Nice to see such good ideas.