The cost of a reverse mortgage depends on many factors.
Depending on the type of Reverse Mortgage, how much of the available money you take at close of escrow, the interest rate/margin, the type of loan you choose, and even who you choose to work with can affect the cost of a reverse mortgage. Not only is it important to shop around to get the best deal, it is even more important to work with someone who is knowledgeable and will assist in working with you and explaining the pros and cons of each option based on your personal needs and financial goals.
Once Size does not fit all…
Becky Smith is a Mortgage Broker, not a Lender, which allows her the flexibility to offer the Lowest Rates. She has access and relationships with multiple lenders and when necessary, will shop around to find the best deal that works for your individual situation.
Lenders have big name spokespeople, but tend to offer higher rates/margin and fee combinations. How do you think they pay for those big name spokespeople?
Becky Smith will assist in determining if you are getting the lowest cost option available. She will provide a No Obligation Quote and Comparison to make sure you are getting the best deal possible. Even if you are working with someone else!
Call Becky Smith today, 800-935-3639