I get many emails and calls about the differences in the different reverse mortgage programs. The usually want to see how the different programs work and how much money they can receive from each program.
When we do a free reverse mortgage analysis we will be able to see the results from all the solutions. At that point we can put together a page showing the different amount, fees, and interest. This form is great for people to compare the different options.
We noticed recently that the most common reverse mortgage has been the FHA HECM (Home Equity Conversion Mortgage) . This loan has been providing our clients with the highest payouts.
As FHA continues to add increased benefits and payouts to the HECM it will probably remain at the top for the near future. RTG Consultants will continue to monitor the different reverse mortgage products to bring our clients the best solutions.
I also added the links for the the FHA HECM and Fannie Mae HomeKeeper products. If you have any questions, please comment here or email me.
For more info
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