Wednesday, November 18, 2009

How Sitting on the Fence about YOUR Financial Future can cost you BIG!

As of Today 11/18/2009 the Reverse Mortgage Rates have hit the bottom they CANNOT go down Any further. If you have been waiting to see what is going to happen it has already happened Reverse Mortgages have a ceiling and a floor on the rates, they have, Hit the Floor! Now there are also some important changes that you will benefit directly from right Now •The amount that is charge from the lenders has been change for the good of the senior. It use to be 2% of the appraised value no matter how much it is worth. • That’s was the charge! Now the charge is 2% of the first $200,000 and then 1% each hundred thousand up to max of $6,000.00 Huge Savings to you! •As of 11/18/2009 the maximum lending amount as also been changed for the Better •Was controlled by the county limits which had lower amounts at a National average of $232,000) NOW $625,500,000 This is two good REASONS to Act NOW! Visit Http://www.bestmortgageplans.com

1 comment:

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Hello I am a 59 year old marketing professional who holds a degree in real estate and marketing. At this stage of my life I use all of my past talents to background to help people grow and realize their potential in business.

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