7/13/12 update: Current rates have changed since the post. below Be sure to check out our reverse mortgage rates page for current rates.
We are pleased to now be able to offer the fixed rate HECM at 5.49% without monthly service fees or service fee set-asides. The net benefit to the borrower will be the same as the 5.56% fixed rate at closing, however the lower rate will allow for slower accrual of interest over time. To learn more contact us toll free at 1-888-888-4834.
Fixed Rate Service Fee is Now $0