Reverse Mortgage Rates and Origination Fees for Tuesday, August 13 2019
Posted 9:35am EST
The lowest rate in our Fixed-Rate HECM was unchanged on an unchanged origination fee quote for the 7th straight week. The lowest origination fee was also unchanged from last week. 
Tuesday, August 13 Report on Pricing of Fixed-Rate2 HECM Reverse Mortgage
Pricing by 6 competing Reverse Mortgage Lenders1 Interest Rate Origination Fee Maximum Cash Draw by Owner aged 65 with Home Equity of $300,000
Lowest Interest Rate August 13 3.990% $4,000 $75,366
No Change
Change from August 6 No Change No Change
Lowest Origination Fee August 13 4.810% $1,500 $68,326
No Change
Change from August 6 No Change No Change
1 The following lenders report their interest rates and origination fees to www.mtgprofessor.com: All Reverse, Signet Mortgage, First Bank, Goldwater Bank, Goodlife Home Loans, Longbridge Financial, Centennial Home Mortgage
2 Fixed-rate pricing published every Tuesday; Adjustable-rate pricing published every Thursday

View historical market rates on HECM reverse mortgages.