Reverse Mortgage Rates and Origination Fees for Wednesday, November 27 2019
Posted 9:35am EST
The lowest interest rate reported by lenders in our adjustable-rate HECM survey ticked down by 0.046% on an unchanged origination fee. The lowest origination fee was unchanged on a lower  interest rate.
Wednesday, November 27 Report on Pricing of Adjustable-Rate2 HECM Reverse Mortgage3
Pricing by 7 competing Reverse Mortgage Lenders1 Interest Rate Origination Fee Maximum Cash Draw by Owner aged 65 with Home Equity of $300,0004
Lowest Interest Rate November 27 2.915% $4,499 $84,202 + $67,296
Change from November 21 -0.046 no change -$31
Lowest Origination Fee November 27 3.415% $2,500 $85,841 + $67,382
Change from November 21 -0.046 no change +$2,407
1 The following lenders report their interest rates and origination fees to All Reverse, Signet Mortgage, Mid America Mortgage, Retire Secure, Goodlife Home Loans, Longbridge Financial, Centennial Home Mortgage
2 Adjustable-rate pricing published every Thursday; Fixed-rate pricing published every Tuesday
3 Mortgages with a maximum rate adjustment of 5%
4 Part of credit line is available immediately, and part after 12 months

View historical market rates on HECM reverse mortgages.