CircleLending introduces reverse mortgage calculatorMortgagePress.comReverse mortgage calculator
CircleLending Inc. has released a reverse mortgage calculator as
an adjunct to its private reverse mortgage, Family Advantage.
Via the calculator, a customer can determine a statistically
probable loan term based on the borrower's gender, age and
actuarial tables and include the property's appreciation rate.
Plus, the calculator offers a loan-to-value ratio (LTV) analysis
and suggestions for adjusting the terms to achieve the
expert-recommended 70-90 percent LTV, in addition to the total
annual cost of the loan for comparison with other products.
CircleLending Inc. is a financial services company based in
Waltham, Mass. For more information, call (800) 805-2472 or visit