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Why not give us a call or contact us using our easy form. We can help you here in Vermont.
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About Reverse Mortgages
Tax-free income for life is what you can expect when you choose a reverse mortgage loan product in Vermont. You will never be asked to give up your title and at anytime you can repay the amount of payments you have received at no penalty or risk. Stay in the house for the rest of your life and still provide an inheritance to your family if there is any remaining equity in the home after it is sold.
Consumer Safeguards
The entire process from beginning to end is about protecting the Vermont senior. The federal government has put into place laws protecting homeowners who purchase reverse mortgage loans. In Vermont a homeowner will never put their title as risk and can never be removed from the home by the lender for any reason. Education and counseling is provided to make sure that a reverse mortgage loan product is always the right product.
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Current Mortgage Rates
Loan TypeRate+/-Last
30 yr fixed5.69%5.77%
15 yr fixed5.28%5.35%
5 / 1 ARM5.09%5.39%
30 yr fixed jumbo6.97%7.07%
5 / 1 jumbo ARM6.17%6.27%
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Posted:
Fri, 09 May 2008

Title:
Understanding Reverse Mortgage Loan Fees
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