Lender Lead Solutions launches new productsMortgagePress.comfixed-rate HECM product, fixed interest rate, LIBOR 85, Flex Margin Advantage product line
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.