Reverse Mortgage : How to Pay Off a Mortgage and Get a New One With Low Rates

245 views · Published 14 July 2009 · 1:51 · Indexed 20 September 2026

Channel: ehow · 2009 · Howto & Style

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When it comes to paying off reverse mortgages in order to get one with a lower rate, it usually isn't necessary unless the mortgage is a fixed-rate mortgage. Learn about the one-year treasury bill and the margin's spread on reverse mortgages with help from a former HUD agency counselor for reverse mortgages in this free video on paying off mortgages.

Expert: Matthew McKillen
Contact: www.excelmortgage.com/
Bio: Matthew McKillen brings 21 years of industry experience in arranging loans for his clients.
Filmmaker: Christopher Rokosz

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