Currently viewing the tag: "Mortgage Concepts, LLC"

4.50% Fixed Rate HECM Loan

By On April 5, 2010

How low will they go? Live Well Financial is offfering the lowest fixed rate HECM option in the business at 4.99%. This comes one day after Financial Freedom announced a low ball 5.39%, cutting deeper into the industries recent 5.49% adjustment. For more information please email or call me.

08/03/2011 Update: Most lenders are offering rates as low as 4.50%

Michael Manfredi is an Arizona Reverse Mortgage Specialist

Reverse Mortgage Concepts

Phoenix, AZ 85020
(602) 456-0009
(888) 697-5556

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Reverse Mortgage Scottsdale

By On July 23, 2009

Mortgage Concepts, LLC has closed another low fixed rate Reverse Mortgage in Scottsdale, Arizona. The borrower is age 65 and he received 172, 000 with no monthly mortgage payments. The borrower will no longer be forced to make a monthly payment but has the option to make one, if he so chooses. The interest rate is a low 5.5% and it is fixed for life. Because this is a reverse mortgage, the term is for the life of the borrower, not the life of the loan.

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