Reverse Mortgage Rates and Origination Fees for Tuesday, September 3 2019
Posted 9:35am EST
The lowest rate in our Fixed-Rate HECM survey was unchanged this week on an unchanged origination fee quote. The lowest origination fee was also unchanged from last week. 
Tuesday, September 3 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 September 3 3.680% $5,950 $76,281
-$15
Change from August 27 No Change No Change
Lowest Origination Fee September 3 4.810% $1,500 $68,311
-$15
Change from August 27 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.