40 state agencies commit to nationwide mortgage licensing system – NMP Skip to main content

40 state agencies commit to nationwide mortgage licensing system

National Mortgage Professional
Jan 27, 2008

Lender Lead Solutions launches new productsMortgagePress.comfixed-rate HECM product, fixed interest rate, LIBOR 85, Flex Margin Advantage product line Lender Lead Solutions introduced its first fixed-rate HECM product. The new product offers the assurance of a fixed interest rate for the life of the loan, eliminates rate fluctuations and has maturity conditions similar to those of a traditional HECM. Lender Lead Solutions also expanded their LIBOR 85 product offering within its Flex Margin Advantage product line. Its basis point margin pays a premium to the broker and provides increased liquidity to the consumer. Melville, N.Y.-based Lender Lead Solutions, a division of Vertical Lend, is a reverse mortgage services company. For more information, call (888) 775-3631 or visit www.lenderleadsolutions.com.
Published
Jan 27, 2008
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