Variable rate

Variable rate is the type of interest rate on a reverse mortgage loan that can change based on the prime rate or another rate called an “index.”

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Upside-Down Mortgage

When you apply for a reverse mortgage, lenders must conduct...

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Title

When you apply for a reverse mortgage, lenders must conduct...

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Recent Articles

What is a Lender Credit?

What is a Lender Credit?

Many banks and mortgage lenders often offer borrowers lender credits to help pay for closing costs. Here we’ll discuss lender credits in...

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