New ‘jumbo’ reverse mortgage debuts with no fees

Home loan eliminates origination, third-party costs
Published on Oct 6, 2004

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by CareyBot

The nation’s largest reverse mortgage lender recently rolled out the latest wrinkle in enabling seniors to tap the equity in high value homes – a “jumbo” reverse with no upfront fees. Irvine, Calif.-based Financial Freedom, recently purchased six weeks ago ...