Fixed Rate Jumbo Reverse Mortgage from BNY Mortgage

Today, BNY Mortgage released their Prime Advantage™ jumbo reverse mortgage product.  This is the first jumbo reverse mortgage product that gives borrowers the financial certainty of a fixed interest rate for the life of the loan.  Back in March, BNY Mortgage became the first lender since the early 90’s to offer a conventional fixed rate HECM product.  “With interest rates […]