Mortgages Behind Reverse Mortgages
Allows clients who already have a reverse mortgage to access additional funds through a traditional mortgage.
This product enables brokers to help clients leverage equity beyond the limits of the reverse mortgage for specific financial needs.
Discover the Details for Mortgages Behind Reverse Mortgages
60%
LTV (urban areas)
75%
LTV (rural areas)
$50K - $1M+
Amounts
3 to 12 months
Terms
Interest-only Monthly Payments
(Pre-Paid Options Available)
Find Out If You Qualify!
No income or credit documents required
Common properties include condominiums, multi-unit homes, single family homes & townhouses
Properties with sufficient equity
Submit your deals via Filogix, Velocity or Lendesk (Lendfinity is listed as a private lender)
Key Benefits
Practical Approach
Fast, Flexible & Transparent Terms & No Hidden Fees
Quick Funding (Closing takes 2-10 days*)
Efficient Exit Strategies
Extended Services
Low Rate Basic Mortgages
Partial Interest Mortgages
Partial Pre-Payments
