Costs & Fees
Know exactly what you will pay — every fee, every charge, explained clearly.
Reverse Mortgage Closing Costs
A complete overview of all closing costs you can expect when taking out a reverse mortgage.
Read articleOrigination Fees Explained
How lenders calculate origination fees and the FHA caps that protect borrowers.
Read articleMortgage Insurance Premiums (MIP)
Initial and annual MIP charges on HECM loans — what they cost and what they protect.
Read articleReverse Mortgage Interest Rates
How interest rates work, what drives them, and the difference between fixed and adjustable rates.
Read articleThird-Party Closing Costs
Appraisal fees, title insurance, recording fees, and other costs paid to third parties at closing.
Read articleHow Interest Accrues Over Time
Understanding compound interest on reverse mortgages and its long-term impact on your loan balance.
Read articleServicing Fees
Monthly loan servicing charges — what they cover and current FHA limits.
Read articleTotal Cost of a Reverse Mortgage
Adding it all up — a realistic picture of what a reverse mortgage costs over 5, 10, and 15 years.
Read articleComparing Costs by Lender
Not all lenders charge the same fees — how to shop smart and compare loan estimates.
Read articleWays to Reduce Costs
Practical strategies to minimize fees, negotiate with lenders, and lower your total cost.
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