|Our policy is to not quote rates on our website. The reasons for that are many but suffice it to say that your individual rate and fee structure will depend heavily on the property, the property type, it’s location, your cash reserves or lack thereof, your credit history (on our private money loans we can loan with low or no credit scores!) and of course your source and dependability of income to repay the debt. Even the term of the loan will weigh on the final interest rate.
Our Private Money loan rates are closely tied to the final Loan to Value (LTV) ratio; the lower the LTV the lower the risk and the lower the rate. I think you are starting to get the picture.
Our Reverse Mortgage rates are insured by FHA (the Federal Housing Authority) a government agency so you can be assured that you will be getting the best possible rate we can offer. Currently Reverse Mortgage rates are under 5% (as of January 2012).
Please give us a call now at 800-635-6222 or email us for more information or to get started on your loan request!
We love to say; YES!