OTHER FEES

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OTHER FEES

Post  Sun Shine on Thu Feb 07, 2008 11:14 am

Are there other fees involved in acquiring a reverse mortgage loan.

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Re: OTHER FEES

Post  Nini Stone on Thu Feb 07, 2008 12:06 pm

Yes there are other fees involved These can include a loan origination fee, appraisal fees and closing costs. A reverse mortgage may also come with a servicing fee.

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Re: OTHER FEES

Post  Lizzy B on Thu Feb 07, 2008 12:24 pm

loan origination fee, appraisal fees and closing costs,servicing fee, these are the only other ones I can think of. These are all figured in when you first do your loan.

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