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National Mortgage Professional
Apr 01, 2007

1st Reverse Financial Services launches fixed HECMsMortgagePress.comReverse mortgages 1st Reverse Financial Services LLC has launched the Fixed4Life Fixed Rate Reverse Mortgage Loan, which features a fixed interest rate for the life of the reverse mortgage, while providing available proceeds comparable to adjustable-rate reverse mortgages. The Fixed4Life Fixed Rate Reverse Mortgage is a Home Equity Conversion Mortgage (HECM), which is fully insured under the Federal Housing Administration. Westmont, Ill.-based 1st Reverse Financial Services LLC is a subsidiary of Family Federal Savings of Illinois, a federally chartered thrift. For more information, call (877) 574-1000 or visit www.1streverse.com.
Published
Apr 01, 2007
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