Reverse Mortgage Interest Rates:
6/1/2010
government insured
|
FHA Insurance
to Protect You
and Your Heirs |
|
a Michigan Company
 |
We are a Michigan owned company, a Michigan
employer and a Michigan taxpayer. | |
how much is available?
 |
How much do you qualify for?
What are payment options?
| |
Applications locked the
week of June 1, 2010
Variable Rate Product Monthly 2.00 ARM
| |
|
INDEX |
MARGIN |
RATE |
|
| |
Index: LIBOR |
.35 |
1.75 |
2.101 |
|
Fixed Rate Product
No Servicing Fee
| |
Fixed Rate |
5.56 |
|
| |
APR |
6.64* |
|
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* APR based on $300,000 appraisal, single borrower,
age 70, $13,000 closing costs, and 8% appreciation rate