CircleLending introduces private reverse mortgagesMortgagePress.comPrivate reverse mortgages
CircleLending Inc. has released Family Advantage, a private
lending product which operates like a reverse mortgage.
Family Advantage is a line of credit funded by the relatives or
friends of a homeowner and secured by real estate. The homeowner
need not be a senior citizen to qualify, can take out the loan on a
primary or secondary residence and is not required to pay for
mortgage insurance, origination fees or closing costs.
CircleLending Inc. is a financial services company based in
Waltham, Mass. For more information, call (800) 805-2472 or visit