OPEN EDUCATIONAL FORUM FOR LENDERS AND PROFESSIONALS

National Reverse Mortgage Education Center


Our mission is to be the prominent reverse mortgage educational resource for lenders and other professionals.  We intend to accomplish this through the support of our sponsors, and participation by members of the reverse mortgage community and related industries in the development of quality educational courses and materials, made available free of charge.  With our open forum, proven personal experiences and expertise may be shared to enhance the professionalism of our great industry and to better meet the challenges that lie ahead.


    

 
 

Reverse Mortgage Calculator

The reverse mortgage calculator was designed to calculate the net benefit amount of a reverse mortgage loan. The amount of funds available to a homeowner are based on the youngest borrowers age, current rates, and the property value. Seniors have a choice of either a fixed interest rate or variable rate which gives greater flexibility in choosing how to use the funds.

other popular calculators:

www.rmaarp.com
www.revmort.com/nrmla/index.asp




                


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