Reverse Mortgage Interest Rates In California

1
Reverse Mortgage Interest Rates
2

• California's Reverse Mortgage Elder Protection
  Act of 2009 states that a reverse mortgage
  interest rates can be either fixed or variable.

3

• Fixed reverse mortgage interest rates will remain
  same throughout the loan tenure. 

4

• This means if inflation goes up you might pay
  less than average market rate saving money while
  it goes down you will pay more than average
  market rate. 

5

• variable reverse mortgage interest rates will
  change as per the market conditions.

6

• Fixed rates are approximately 4 - 5 however
  variable rates can be slightly lower. 

7

• Reverse mortgage Interest rates may vary from
  state to state and city to city. 

8

• Interest rates on reverse mortgages is not
  deductible on income tax returns until the loan
  is paid off, either partially or in full.

9

• Know more about reverse mortgage Interest Rates
• info_at_ReverseMortgageCalifornia.com
• or
• call us on 800-730- 6558
• or visit our website
• http//www.reversemortgagecalifornia.com/reverse-m
  ortgage-interest-rates.html