That lets banks or mortgage companies offer competitive mortgage rates on loans that are easier to qualify for than conventional home loans. (interest.com)
While they may appear to be government backed agencies, many are simply just banks or mortgage lenders pushing consumers to execute a reverse mortgage, whether it's in their benefit or not. (thetruthaboutmortgage.com)
Make sure you shop around for the best rate on your mortgage by talking with several banks or a mortgage broker. (moneysense.ca)