The Amazing Jumbo Reverse Mortgage
Why I Say "Amazing!"
This Loan Requires Some Fresh Financial Imagination
I say amazing because for the first time in this industry, (Reverse Mortgage) a private lender has created a publicly available Reverse Mortgage loan that is designed for borrowers who live in high value properties. For the first time this loan costs less, and offers a great deal more than the FHA HECM / Reverse Mortgage. It’s about time high-value homes got a significant value bonus bundled with a serious price break.
Many Of Us Need To Think Differently
In the past, the only game in town was the FHA HECM / Reverse mortgage.
“Imagination is more important than knowledge. For knowledge is limited, whereas imagination embraces the entire world, stimulating progress, giving birth to evolution.”