Hopefully, you leave this guide with a better understanding of how much a reverse mortgage might cost you, both in terms of up front fees and the ongoing interest you will pay. (reversemortgagealert.org)
Investors may opt to pay up - front fees for several reasons. (investopedia.com)
They also typically charge an up - front fee of several percent of the amount borrowed, so you need to take that into account as well. (mortgageloan.com)