EVALUATE YOUR LOAN OPTIONS

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By applying fresh and progressive thinking, we’re delivering a full range of flexible reverse mortgage options, with rates and fees that may be lower than you expect. It’s all about giving you more choices that better fit your needs.

Reverse Mortgage Funding™ (RMF) offers a full array of Home Equity Conversion Mortgage (HECM) loans, plus the expertise to help you understand and navigate the entire process.

HECM MONTHLY ADJUSTABLE RATE

The interest rate on this HECM fluctuates on a monthly basis, but it also offers more options for homeowners — including a “rate cap” that guarantees that your rate will never go up more than a certain percent over the initial rate (depending on the loan options you choose). You can select a lump sum draw, line of credit, monthly advances, or a combination of these options. For example, you might choose to take some of your cash up front and put the rest in a line of credit, so it’s available if, and when, you need it. You only accrue interest on the money that you actually take.

HECM FIXED RATE

With an interest rate that’s established at the loan closing — and fixed for the life of the loan — you’ll always know exactly how much interest is accruing on your loan. However, with a HECM Fixed Rate, you are required to take all of your money at closing in one lump sum. This may be a desirable choice if you’re using your HECM to pay off a larger existing mortgage or cover other immediate needs.

REVERSE MORTGAGE FOR PURCHASE

This home financing solution helps you purchase a new home that will better fit your future needs by taking out a loan on the home you are buying. Learn more

ASK ABOUT OUR REVERSE MORTGAGE OPTIONS

A reverse mortgage from Reverse Mortgage Funding LLC (RMF) offers all the benefits of a traditional line of credit or forward mortgage with additional benefits. To find out more, please call us today.

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