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December 21, 2007
Lender Lead Solutions Announces LIBOR 85 Margin Reverse Mortgage
Lender Lead Solutions, a comprehensive reverse mortgage services company, announced today an expanded LIBOR 85 product offering within its Flex Margin Advantage product line. The LIBOR 85 basis point margin pays a premium to the broker and provides increased liquidity to the consumer.
The Flex Margin Advantage product suite provides brokers with the ability to structure rates and loan terms on monthly HECM reverse mortgage loans in order to better fit the needs of their customers. Lender Lead Solutions’ LIBOR Flex Margin Advantage product suite offers margins from 75 to 200 basis points on LIBOR based HECM reverse mortgages.
Posted by S. Germain at December 21, 2007 08:29 AM