The Mortgage Professor: A look at the options for mortgage prices and closing costs

April 23, 2015 12:07 PM

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Senior homeowners looking to shop the HECM reverse mortgage market for the best price, meaning the lowest interest rate and origination fee, have a major problem. Unlike the standard mortgage market, where price data are available from many sources, including third party multi-lender sites, in the reverse mortgage market prices are hard to find.

Only a few individual lenders have websites containing complete and up-to-date reverse mortgage prices. One of the best of the few that do is All Reverse Mortgage Company.

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