Your new Reverse Mortgage will be arranged as an adjustable rate loan. You have the option
of choosing either a monthly or annually adjusting rate. Rates are linked to the one‑year U.S. Treasury Security Rate.
The change in the interest rate has no effect on the amount of, or number of, loan advances you can receive – rather, it simply results in the loan balance growing at a faster or slower rate.
Reverse Mortgage Man
(866) 800-0280
http://www.moneywise123.com/
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