Reverse Mortgage Interest Rates: 6/1/2010

government insured

FHA approved lender  FHA Insurance
to Protect You
and Your Heirs

a Michigan Company

State of Michigan We are a Michigan owned company, a Michigan employer and a Michigan taxpayer.
 

how much is available?

Calculator 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